What is the closing value on this day for one March futures contract on silver?
Silver - 5,000 troy oz.:
u.S. dollars and cents per troy oz.
A)$47,650
B)$48,000
C)$50,950
D)$51,220
E)$51,250

Name: What is the closing value on this day for one March futures contract on silver? Silver - 5,000 troy oz.: u.S. dollars and cents per troy oz. A)$47,650 B)$48,000 C)$50,950 D)$51,220 E)$51,250
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Question

What is the closing value on this day for one March futures contract on silver?
Silver - 5,000 troy oz.:
u.S. dollars and cents per troy oz. 
A)$47,650 
B)$48,000 
C)$50,950 
D)$51,220 
E)$51,250

Quizplus · Accepted Answer

Closing value = $10.244 F1F1F1S1F1F1F10 5,000 = $51,220

What Is the Closing Value on This Day for One