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You Own Four November Crude Oil Futures Contracts A)$356,200
B)$363,600
C)$416,400
D)$445,500
E)$495,600

Question 68

Multiple Choice

You own four November crude oil futures contracts. What is the settlement value of those contracts at the end day?
 Contract  Open  High  Low  Close  Nov, crude ail, 1, gad 123.01124.3122.93123.90 bbls. $ and cents/bbl \begin{array}{l}\begin{array} { l l c c c } \text { Contract } & \text { Open } & \text { High } & \text { Low } & \text { Close } \\\text { Nov, crude ail, 1, gad } & 123.01 & 124.3 & 122.93 & 123.90\end{array}\\\text { bbls. \$ and cents/bbl }\end{array}


A) $356,200
B) $363,600
C) $416,400
D) $445,500
E) $495,600

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