Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 07, 2024

A trader shorts 30 3-year bond contracts at 99.075 and the market falls to 99.02 before she sells an additional 30 contracts. The market subsequently

A trader shorts 30 3-year bond contracts at 99.075 and the market falls to 99.02 before she sells an additional 30 contracts. The market subsequently rallies to 99.085 at which point she buys 40 contracts. The market closes at 99.105. How much is her total profit?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Estate Investment Top Secrets

Real Estate Investment Top Secrets

Authors: Edward Bill

1st Edition

979-8398712803

More Books

Students also viewed these Finance questions

Question

State the advantages of using forms to standardize procedures and communicate with employees.

Answered: 1 week ago

Question

★★★★★

Cindy and Robert (Rob) Castillo founded the Castillo Products Company in 2008. The company manufactures components for personal decision assistant products and for other handheld electronic products....

Answered: 1 week ago

Question

★★★★★

A trader shorts 30 3-year bond contracts at 99.075 and the market falls to 99.02 before she sells an additional 30 contracts. The market subsequently rallies to 99.085 at which point she buys 40...

Answered: 1 week ago

Question

★★★★★

Problem 1 Midlife Shoes, Inc. is a manufacturer of sensible shoes for aging babyboomers. The company is having great su ccessy and although demand is seasonal, it is expected to in crease steadily...

Answered: 1 week ago

Question

★★★★★

Strategic Audit 0f Volks Wagen Business strategy is primarily driven by external factors affecting change in an industry. Strategic Audit of VW and its related industry. The audit must contain: 1. A...

Answered: 1 week ago

Question

★★★★★

The purpose of this assignment is to successfully apply mediation techniques as a leader in healthcare. In addition, students will be required to provide feedback to peers to identify future learning...

Answered: 1 week ago

Question

★★★★★

List of identified barriers: 1. Poor representation of women, people with disabilities, older people, and recent migrants in management or upper leadership roles, given their increasing presence in...

Answered: 1 week ago

Question

★★★★★

Please elaborate to the following questions as it deals with revenue management in the hospitality industry. 1. Should revenue management efforts be locally managed or centralized to a regional...

Answered: 1 week ago

Question

★★★★★

5. a) Distinguish between a reactive and a proactive risk strategy. (7 marks) b) Define the term risk retention and distinguish between active and passive risk retention. (8 marks)

Answered: 1 week ago

Previous Question Next Question