Ethanol futures contracts are based on 29000 gallons and, Financial Management

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Ethanol futures contracts are based on 29000 gallons and

Ethanol futures contracts are based on 29,000 gallons and are priced in dollars per gallon. Assume the end-of-day prices on a contract are: Open 2.220, High 2.231, Low 2.181, and Settle 2.186. What is the maximum profit that an investor could have earned by buying and selling one of these contracts on this day?

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Financial Management: Ethanol futures contracts are based on 29000 gallons and

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Financial Management: Ethanol futures contracts are based on 29000 gallons and

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