A corn futures contract closed yesterday at a price of $2.42 a bushel. The maximum daily price range is $0.20 and the daily price limit is $0.10. Therefore, the minimum change in the price today is $0.10 a bushel.
Highest closing price for today is $2.62 a bushel.
Lowest closing price for today is $2.32 a bushel.
The most the price can fluctuate today is $0.10 a bushel.
Answer: lowest closing price for today is $2.32 a bushel.
Maximum daily price range is the limit ...
This post shows the how to calculate the lowest price for a day giving highest and lowest closing prices.