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Omitron Corp. has sold 4 contracts of HUF (Hungarian Forint) 3-month futures at a price of HUF 315 / $. What is Omitron's profit in
Omitron Corp. has sold 4 contracts of HUF (Hungarian Forint) 3-month futures at a price of HUF 315 / $. What is Omitron's profit in dollars, if the contract size is HUF 30,000,000 and the future spot rate turns out to be HUF 304 /$ ? Enter a positive number for a profit and a negative number in case of a loss.
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