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help please The spot price of the market index is $4000. A three-month forward contract on this index is priced at $4037.13. If 1 contract
help please
The spot price of the market index is $4000. A three-month forward contract on this index is priced at $4037.13. If 1 contract covers 50 times the index, what is the profit or loss on one short contract position if the spot price of the market index is $4001.09 by the expiration date? Enter your answer correct to 2 decimal places, do not enter the $ sign Step by Step Solution
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