Multiple Choice
Today,you purchased two natural gas futures contracts at the settle price for a May delivery.The contract size is 10,000 MMBtu with quotes in dollars per MMBtu.The day's high was 2.954,the low was 2.939,and the settle was 2.948.What was the total amount you had to pay today?
A) $14,740
B) $14,695
C) $14,770
D) $14,755
E) $0
Correct Answer:
Verified
Correct Answer:
Verified
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