Question
On 1/5/2021, an investor buys 8 gold futures contracts, when the futures price is $1,500 per ounce. The contract size is 100 ounces. The next
On 1/5/2021, an investor buys 8 gold futures contracts, when the futures price is $1,500 per ounce. The contract size is 100 ounces. The next day, the futures price becomes $1,502.30. Calculate the daily gain.'
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
