Question
Assume that you took a short position in two S&P 500 futures contracts at a price of 2100. Six weeks later you closed the position
Assume that you took a short position in two S&P 500 futures contracts at a price of 2100. Six weeks later you closed the position when the specified price of the contract was 2185. What was your ($) gain or loss on this transaction?
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
