Use the following wheat futures quotes to answer this question. Price = cents and 1/8ths per bushel Prev Exp Last Open High Low Close Settle Settle 08 Mar 1093′2 1093′2 1093′4 1093′2 1093′2 1093′2 1063′0 08 May 1109′4 1109′6 1109′6 1109′2 1109′4 1109′4 1080′2 What are the lowest and highest prices per bushel at which the March 08 wheat futures contract sold today?

What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695