Question
A trader shorts 25 90-day bank bill futures contracts at 97.36 and buys 18 of them back later that day at 97.32 and three days
A trader shorts 25 90-day bank bill futures contracts at 97.36 and buys 18 of them back later that day at 97.32 and three days later buys back the remaining 7 contracts at 97.39. How much profit did the trader make?
($1,241.09)
$1,241.11
$1,241.09
($54.24)
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Handbook Of Financial Econometrics
Authors: Yacine Ait-Sahalia, Lars Peter Hansen
1st Edition
044450897X, 978-0444508973
