Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is the end-of-day value of 3 march futures co

What is the end-of-day value of 3 March futures contracts on silver, given the following...

60.1K

Verified Solution

Question

Accounting

What is the end-of-day value of 3 March futures contracts on silver, given the following information?
-Silver 5,000 troy oz.; cents per troy oz.
Contract Open High Low Settle Chg Lifetime High Lifetime Low Open Interest
Dec 601.90 621.30 601.80 616.60 14.40 848.70 439.80 18,276

a-$92,490

b-$30,830

c- $90,285

d- $9,249

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Walsh Company manufactures and sells one product. The following information pertains to each of the company’s...

Finance
Q

BEAT KSI YouTube xxx XYZ Homework Chapter 6 InQuizitive Assignment 2 sister chromatids 1 chromosome...

Biology
Q

Obetween the ribs in the neck O in the pelvic floor O in the abdominal...

Biology
Q

K What is the measure of angle LKJ Round to the nearest whole degre L...

Geometry
Q

Karina put a 300 pair of earrings on layaway by making a 10 down payment...

Geometry
Q

For each pair of triangles determine whether the Hypotenuse Leg HL Congruence Property can be...

Geometry
Q

7 24 9 6 8 3 2 50 9 3 6 600

Geometry
Q

56. Which cognitive process does Hood's research primarily investigate? -...

Accounting
Q

5. Financial forecasting using the percent of sales method estimates all bal-ance sheet accounts as...

Accounting
Q

Operating Budget, Comprehensive Analysis Ponderosa, Inc., produces wiring harness assemblies used in the production of...

Accounting
Q

Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total...

Accounting
Q

why is this wrong.. whats the right answer please QUESTION 4 1...

Finance