Exhibit 23-2
Coffee; 37,500 lbs per contract, $ per lb. May 2004
-Refer to Exhibit 23-2.Suppose that yesterday you sold one September coffee futures contract at the settle price.At the end of today's trading day what is the change in the value of your contract?
A) $3,000
B) -$3,000
C) $3,750
D) -$3,750
Correct Answer:
Verified
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