if you actually make delivery how much will you receive 551564
Futures Quotations The following quotations for the cotton futures trading on the New York Cotton Exchange appear in today’s newspaper. How many of the March 1996 contracts are currently open? How many of these contracts should you sell if you wish to hedge 400,000 pounds of cotton for March delivery? If you actually make delivery, how much will you receive?
COTTON (CTN) — 50,000 lbs.; cents per lb.
|
Lifetime |
Open |
|||||||
|
Open |
High |
Low |
Settle |
Change |
High |
Low |
Interest |
|
|
Oct-95 |
83.75 |
85.9 |
81.16 |
83.19 |
0.85 |
99.54 |
58.72 |
30,129 |
|
Dec |
85 |
87.3 |
83.02 |
85.22 |
1 |
99.24 |
60.19 |
42,522 |
|
Mar-96 |
84.15 |
86.75 |
82.35 |
84 |
1.25 |
98.75 |
61.3 |
18,752 |
|
May |
83.42 |
84.55 |
82.16 |
83.68 |
0.66 |
87.67 |
74.14 |
8,616 |
|
Jul |
79.77 |
80.83 |
78.48 |
79.44 |
0.39 |
81.23 |
75.25 |
3,456 |
Est vol 19,000; vol Wed 11,313; open int 103,475, +255
We've got everything to become your favourite writing service
Money back guarantee
Your money is safe. Even if we fail to satisfy your expectations, you can always request a refund and get your money back.
Confidentiality
We don’t share your private information with anyone. What happens on our website stays on our website.
Our service is legit
We provide you with a sample paper on the topic you need, and this kind of academic assistance is perfectly legitimate.
Get a plagiarism-free paper
We check every paper with our plagiarism-detection software, so you get a unique paper written for your particular purposes.
We can help with urgent tasks
Need a paper tomorrow? We can write it even while you’re sleeping. Place an order now and get your paper in 8 hours.
Pay a fair price
Our prices depend on urgency. If you want a cheap essay, place your order in advance. Our prices start from $11 per page.