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An investor enters into a long position in 10 gold futures contracts at a futures price of $1000/oz and closes out the position at a
An investor enters into a long position in 10 gold futures contracts at a futures price of $1000/oz and closes out the position at a price of $1020/oz. If one gold futures contract is for 40 ounces, what are the investor's gains or losses? a. $8000 O b. $100 O c. $1000 d. $10000
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Creating Financial Value A Guide For Senior Executives With No Finance Background
Authors: Malcolm Allitt
1st Edition
1472922719, 978-1472922717
