Question
A corn futures contract is 5,000 bushels. If you buy a contract of corn at 356 and sell it for 336, what will your profit
A corn futures contract is 5,000 bushels. If you buy a contract of corn at 356 and sell it for 336, what will your profit or loss be? (Assume you dont pay any commissions or fees for the entry and exit transactions.)
| 10 dollars loss | ||
| 1,000 dollars loss | ||
| 10 dollars profit | ||
| 1,000 dollars profit |
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
