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Juan Purchased March Coffee Futures on 150,000 Pounds This Morning

Question 64

Multiple Choice

Juan purchased March coffee futures on 150,000 pounds this morning at the open. How much did this purchase cost him? A) $101,775 B) $102,000 C) $103,500 D) $103,875 E) $105,750 Juan purchased March coffee futures on 150,000 pounds this morning at the open. How much did this purchase cost him?


A) $101,775
B) $102,000
C) $103,500
D) $103,875
E) $105,750

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