12 A standard futures contract is for 5,000 troy ounces of silver The futures price is $23 A6 02 If the spot price is $23 61 oz, a The gain on the futures contract is $750 for the long side b The loss on the futures contract is $750 for the short side c The gain or loss is SO d Both a and b e Not enough information to tell

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12  A standard futures contract is for 5,000 troy ounces of silver  The futures price is $23 A6 02  If the spot price is $23 61 oz, a  The gain on the futures contract is $750 for the long side b  The loss on the futures contract is $750 for the short side c  The gain or loss is SO d  Both a and b e  Not enough information to tell

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12. A standard futures contract is for 5,000 troy ounces of silver. The futures price is $23.A6/02. If the spot price is $23.61/oz, a. The

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