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Suppose the last settlement price for oats is 2752. What is the lowest price for...

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Accounting

  1. Suppose the last settlement price for oats is 2752. What is the lowest price for which an oats contract can be quoted and what is the highest price?
  1. (4 pts question 8) Suppose you buy a futures contract for silver where you promise to pay 15.375 per Troy ounce in 4 months. In 4 months, the spot price is 15.54 per Troy ounce. What are your total gains or losses? (not the gains or losses per Troy ounce9.
  2. Suppose the spot price after 4 months for the scenario in question 8, is 15.12 per Troy ounce. What are your gains or losses?

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