Use the following soybean futures quotes to answer this question:

-What was the total price fluctuation on one September 08 soybeans contract today?
A) $1,337.50
B) $1,362.50
C) $1,412.50
D) $1,460.00
E) $1,482.50

Name: Use the following soybean futures quotes to answer this question: -What was the total price fluctuation on one September 08 soybeans contract today? A) $1,337.50 B) $1,362.50 C) $1,412.50 D) $1,460.00 E) $1,482.50
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Question

Use the following soybean futures quotes to answer this question:
 
-What was the total price fluctuation on one September 08 soybeans contract today?
A) $1,337.50 
B) $1,362.50 
C) $1,412.50 
D) $1,460.00 
E) $1,482.50

Quizplus · Accepted Answer

Fluctuation = 5,000 × ($13.4075 - $13.4050) = $1,362.50

Use the Following Soybean Futures Quotes to Answer This Question