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How Much Will You Pay to Purchase Three September 165

Question 63

Multiple Choice

How much will you pay to purchase three September 165 orange juice futures put option contracts?

Orange juice - 15,000 lbs: cents per lb.
How much will you pay to purchase three September 165 orange juice futures put option contracts?   Orange juice - 15,000 lbs: cents per lb.   A)  $1,477.50 B)  $4,432.50 C)  $14,775.00 D)  $147,750.00 E)  $443,250.00


A) $1,477.50
B) $4,432.50
C) $14,775.00
D) $147,750.00
E) $443,250.00

Correct Answer:

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