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Peg Owns a December Futures Contract on Cotton

Question 85

Multiple Choice

  Peg owns a December futures contract on cotton. What is the value of her contract as of the end of the trading day today? A)  $28,200 B)  $28,840 C)  $28,525 D)  $29,225 E)  $29,525 Peg owns a December futures contract on cotton. What is the value of her contract as of the end of the trading day today?


A) $28,200
B) $28,840
C) $28,525
D) $29,225
E) $29,525

Correct Answer:

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