You are short 30 March 2016 five-year Treasury note futures contracts. Calculate your profit or loss from
Question:
You are short 30 March 2016 five-year Treasury note futures contracts. Calculate your profit or loss from this trading day using Figure 14.1.
Figure 14.1
Transcribed Image Text:
Metal & Petroleum Futures Contract Open Chg Interest Open High hi lo LoW Settle Copper-High (CMX)-25,000 lbs.; $ per Ib. Nov 2.2380 2.2395 2.2305 2.2300 -0.0115 2,109 Dec 2.2350 2.2510 2.2260 2.2300 -0.0120 90,935 Gold (CMX)-100 troy oz.; $ per troy oz. Nov 1088.60 1088.60 1088.60 1087.90 0.30 211 Dec 1089.10 1094.90 1087.40 1088.10 0.40 247,319 Feb'16 1089.90 1095.50 1088.60 1089.10 0.40 102,730 Аpril June 1091.00 1095.60 1089.50 1089.90 0.40 28,444 1091.70 1096.60 1090.00 1090.60 0.40 18,947 14,070 Dec 1098.10 1100.00 1093.20 1093.60 0.50 Palladium (NYM)-50 troy oz.; $ per troy oz. 671.70 671.70 Nov 671.70 596.75 - 16.00 Dec 617.70 621.20 595.00 596.95 - 16.00 23,681 3,781 March' 16 614.95 620.00 596.00 597.45 - 16.10 Platinum (NYM)-50 troy oz.; $ per troy oz. Nov 990.20 990.20 986.70 914.40 -25.20 Jan'16 942.00 943.20 910.30 914.40 -25.60 63,763 Silver (CMX)-5.000 troy oz.; $ per troy oz. Nov Dec 15.035 15.045 15.005 14.418 -0.278 14.730 14.760 14.395 14.413 -0.278 95,144 Crude Oil, Light Sweet (NYM)-1000 bbls.; $ per bbl. -0.42 400,803 -0.35 302,907 Dec 44.52 45.12 43.64 43.87 Jan'16 45.62 46.29 44.88 45.12 -0.28 109,090 -0.25 150,438 Feb 46.09 47.16 45.80 46.05 March 47.19 47.87 46.58 46.84 June 48.66 49.45 48.14 48.42 -0.22 112,896 Dec 50.65 51.45 50.25 50.54 -0.11 150,413 NY Harbor ULSD (NYM)-42,000 gal.; $ per gal. Dec 1.4958 1.5220 1.4745 1.4774 -0.122 80,808 84,315 Jan'16 1.5121 1.5392 1.4960 1.4985 -0.112 Gasoline-NY RBOB (NYM)-42,000 gal.; $ per gal. Dec 1.3768 1.4048 1.3662 1.3705 .0010 92,987 92,590 Jan'16 1.3557 1.3852 1.3495 1.3549 .0018 Natural Gas (NYM)-10,000 MMBtu.; $ per MMBtu. Dec 2.373 2.387 2.274 2.300 -071 253,091 Jan'16 2.535 2.544 2.423 2.449 -.083 262,791 Feb 2.558 2.571 2.453 2.480 -.077 66,305 109,844 March 2.559 2.561 2.449 2.479 -.069 April May 2.509 2.509 2.414 2.446 -.056 89,244 2.529 2.529 2.450 2.478 -.054 36,545
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
The contract set...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Question Posted:
Students also viewed these Business questions
-
You are short 15 March 2016 corn futures contracts. Calculate your dollar profit or loss from this trading day using Figure 14.1. Figure 14.1 Metal & Petroleum Futures Contract Open Chg Interest...
-
You are long 20 November 2015 soybean futures contracts. Calculate your dollar profit or loss from this trading day using Figure 14.1. Figure 14.1 Metal & Petroleum Futures Contract Open Chg Interest...
-
T. J. Patrick is a young, successful industrial designer in Portland, Oregon, who enjoys the excitement of commodities speculation. T. J. has been dabbling in commodities since he was a teen-ager-he...
-
In your opinion, which companies (healthcare or non-healthcare related) provide superior customer service? Which companies provide average or mediocre customer service? Name the factors most...
-
What is the momentum of an 8-kg bowling ball rolling at 2 m/s? Momentum = mv
-
Estimate the kinetic energy of the Earth with respect to the Sun as the sum of two terms, (a) That due to its daily rotation about its axis, and (b) That due to its yearly revolution about the Sun....
-
What is the most widely followed statistic in business? a. Gross profit b. Earnings per share c. Retained earnings d. Dividends
-
The following figure represents a digital cockpit (or dashboard) for General Electric. The cockpit has 15 items highlighted. Identify which numbered item tracks or shows the following data: a. The...
-
Accounts Payable and Notes Payable Logan Company had the following transactions: April 8 Issued a $4,800 , 75day, 8% note payable in payment of an account with Bennett Company. May 15 Borrowed...
-
A refrigerator operates for a certain time, and the work done by the electrical energy during this time is W = 1000 J. What can be said about the heat delivered to the room containing the...
-
Referring to Figure 14.1, what is the total open interest on the December 2015 Japanese yen contract? Does it represent long positions, short positions, or both? Based on the settle price on the...
-
Suppose you want to hedge a $500 million bond portfolio with a duration of 5.1 years using 10-year Treasury note futures with a duration of 6.7 years, a futures price of 102, and 3 months to...
-
Determine if f is odd, even, or neither. f(x)=1-x
-
What are the three basic kinds of presentations and what are the strengths and weaknesses for each?
-
In a grant proposal, what is a goal statement?
-
What do you need to consider when you choose a strategy for a presentation?
-
What are some tips for writing a sales proposal?
-
What is a specific purpose statement, and why is it beneficial for a speaker and their presentation?
-
Approximate the number of hours of daylight in Anchorage, Alaska (6110' north latitude), for the following dates: (a) Summer solstice (i = 23.5) (b) Vernal equinox (i = 0) (c) July 4 (i = 2248') Use...
-
1. Following are information about Alhadaf Co. Cost incurred Inventory Purchases Sales Adverting expense Salary Expense Depreciation Beginning Inventory Ending Inventory Amount 118,000 350.000 90,000...
-
Fama and French (1996) argued that size and value factors are linked to economic fundamentals such as earnings within the firm. What were their arguments in this regard?
-
If the CAPM is dead, and asset prices are better explained by multiple factors, what theoretical support for multifactor models exists?
-
Fama and French (1993) specified and tested a bond model. What did their results show?
-
1. The following information about ACME Ltd relates to 31 Dec Inventory Trade Creditors Delivery Van Accrued Expenses Debtors Owners Equity 9,000 6,000 10,000 500 1,000 16,300 Prepayments Cash at...
-
Arizona Corporation manufactures two products: Product G 5 and Product E 4 . The company uses a plantwide overhead rate based on direct labor - hours. It is considering implementing an activity -...
-
How are deffered tax adjustments recorderd in the profit and loss account ?
Study smarter with the SolutionInn App