Assume you write a futures contract on corn at $4.40 per bushel. Over the next 5 days the contract settles at $4.35, $4.37, $4.32, $4.30, and $4.25. Before you can reverse your position in the futures market you are notified to complete delivery on Day 5 . What will you receive on delivery per bushel and what is the net amount per bushel you receive in total? Multiple Choice $4.40;$.15 $4.40;$.15 $4.25;$4.40 $4.25;$4.55 $4.40;$4.55
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