What is the highest price at which the May coffee futures contract traded during this day?
A)$1.3715
B)$1.3800
C)$137.15
D)$138.00
E)$140.20

Question

What is the highest price at which the May coffee futures contract traded during this day? 
A)$1.3715 
B)$1.3800 
C)$137.15 
D)$138.00 
E)$140.20

Quizplus · Accepted Answer

The highest price at which the May coffee futures contract traded during this day is $1.3800. This can be determined by looking at the numbers in the table provided with the question, specifically the "High" column for the May contract. Option A is incorrect because the decimal point is in the wrong place (it should be between the second and third digits from the right). Option C is incorrect because it is missing the decimal point altogether. Option D is incorrect because the May contract did not reach a price of $138 during the day. Option E is incorrect because the highest price in the table is less than $141.

What Is the Highest Price at Which the May Coffee