Trading with Futures: Marking to Market You are long 10 gold futures contracts, established at an initial

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Trading with Futures: Marking to Market You are long 10 gold futures contracts, established at an initial settle price of €1,000 per ounce, where each contract represents 100 ounces. Over the subsequent 4 trading days, gold settles at €1,003, €1,009, €1,012 and €1,004, respectively. Compute the cash flows at the end of each trading day. Compute your total profit or loss at the end of the trading period.

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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