Multiple Choice
You bought a futures contract for $2.60 per bushel and the contract ended at $2.70 after several days of trading with the following close prices each day: $2.52,$2.57,$2.62,$2.68,and $2.70. What would the mark to market sequence be?
A) -.08, .05, .05, .06, .02
B) .08, -.05, -.05, -.06, -.02
C) .08, .03, -.02, -.06, -.10
D) -.08, -.03, .02, .06, .10
E) .10, .06, .02, -.03, -.08
Correct Answer:

Verified
Correct Answer:
Verified
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