Question
In: Finance
Martha Graham of Superior Speculators Inc just read today's report that reflects these prices for the...
Martha Graham of Superior Speculators Inc just read today's report that reflects these prices for the futures June contract on silver: Open 19.435, High 19.450, Low 19.025, Settle 19.119, and Chg .369. Martha knows that the futures contract on silver is based on 5,000 troy ounces and is priced in dollars and cents per troy ounce.\
What is the price per troy ounce that will be used for today's marking-to-market for her contract?
Solutions
Expert Solution
closing price of the day or the settlement price will always be used for settlement of the contract in case of commodities so selling price of 19.119 will be used for marking to market for her contract.
Correct answer will be 19.119
jeff jeffy answered 2 years agoRelated Solutions
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Proof read lab report on theory of column chromatography. We just did TLC last week and...
Proof read lab report on theory of column chromatography. We
just did TLC last week and now we are doing column.
Some key points in my background need to
include.
Describe Column chromatography and its applications
Choosing solvents for column chromatography
sample and column size
packing column two methods, adding sample, eluting column, and
monitoring column
Column chromatography is used to purify individual chemical
compounds from mixtures. Generally, it is used in a glass tube from
5 mm to 50...
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