What price will be used for this day for the mark to market per pound on December cotton?
$\begin{array}{lrr}
&\text { Contract } & \text { High }& \text { Low }& \text { Close}& \text { Chg }\
\text { May, Coffee, }& 37,500 \text { lbs., cents } & 138.00& 135.50 & 137.15 & 2.20\
\text { per I b } &\
\text { Dec, Cotton, }&\text { 50,000 lbs., cents } & 80.59 & 78.85 & 80.63 & .27\
\text {per I b } &\
\end{array}$

A)$.7885
B)$.8063
C)$78.85
D)$80.59
E)$80.63

Question

What price will be used for this day for the mark to market per pound on December cotton?
$\begin{array}{lrr}
&\text { Contract } & \text { High }& \text { Low }& \text { Close}& \text { Chg }\
\text { May, Coffee, }& 37,500 \text { lbs., cents } & 138.00& 135.50 & 137.15 & 2.20\
 \text { per  I b } &\
\text { Dec, Cotton, }&\text { 50,000 lbs., cents } & 80.59 & 78.85 & 80.63 & .27\
 \text {per  I b  } &\
\end{array}$

A)$.7885
B)$.8063
C)$78.85
D)$80.59
E)$80.63

Quizplus · Accepted Answer

The price for mark to market per pound on December cotton is shown on the red line, which intersects with the y-axis at approximately $.8063.

What Price Will Be Used for This Day for the Mark