What is the amount of the difference between the highest and the lowest value of a November heating oil contract on this day?

A) $3,525.00
B) $3,515.40
C) $3,517.72
D) $3,549.70
E) $3,554.10

Name: What is the amount of the difference between the highest and the lowest value of a November heating oil contract on this day? A) $3,525.00 B) $3,515.40 C) $3,517.72 D) $3,549.70 E) $3,554.10
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Question

What is the amount of the difference between the highest and the lowest value of a November heating oil contract on this day?

A) $3,525.00 
B) $3,515.40 
C) $3,517.72 
D) $3,549.70 
E) $3,554.10

Quizplus · Accepted Answer

Price variation = (3.7489 - 3.6652) × 42,000 = $3,515.40

What Is the Amount of the Difference Between the Highest