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barrel. Suppose futures prices change each day as follows a. What is the mark-to-market profit or loss (in dollars) that you will have on each
barrel. Suppose futures prices change each day as follows a. What is the mark-to-market profit or loss (in dollars) that you will have on each date? b. What is your total profit or loss after 10 days? Have you been protected against a rise in oil prices? c. What is the largest cumulative loss you will experience over the 10-day period? In what case might this be a problem? a. What is the mark-to-market profit or loss (in dollars) that you will have on each date? Calculate the mark-to-market profit or loss below: (Round price change to the nearest cent and profit or loss to the nearest dollar.)
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