Question
A trader enters into a short forward on cotton for 37 contracts with delivery in 17 months. The forward price is $0.55 per pound. The
A trader enters into a short forward on cotton for 37 contracts with delivery in 17 months. The forward price is $0.55 per pound. The delivery size is 18000 pounds. What is the trader's profit if the price of cotton in 17 months is $0.51 per pound?
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Options Trading For Beginners How To Generate Predictable Income And Make A Living Without Taking Big Risks Even If You Re A Complete Beginner
Authors: Greg Middleton
1st Edition
979-8866955046
