Question
A company is long on 10 MT of copper @ ` 534 per kg (spot) and intends to remain so for the ensuing quarter. The
A company is long on 10 MT of copper @ ` 534 per kg (spot) and intends to remain so for the ensuing quarter. The variance of change in its spot and future prices are 16% and 36%respectively, having correlation coefficient of 0.75. The contract size of one contract is 1,000 kgs.
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Management A Practical Introduction
Authors: Angelo Kinicki, Brian Williams
2nd Edition
1743769849, 978-1743769843
