A corn futures contract closed yesterday at a price of $2.40 a bushel. The maximum daily price range is $0.40 and the daily price limit is $0.20. Therefore, the
A) highest closing price for today is $2.80 a bushel.
B) the most the price can fluctuate today is $0.20 a bushel.
C) minimum change in the price today is $0.20 a bushel.
D) lowest closing price for today is $2.20 a bushel.
Answer: D
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