Question
On April 20th, 2009 you decide to sell 2 cocoa futures contracts. Details regarding the contract are shown below Cocoa (CSCE) 10 metric tons, US$
On April 20th, 2009 you decide to sell 2 cocoa futures contracts. Details regarding the contract are shown below
Cocoa (CSCE)
10 metric tons, US$ per metric ton; $1 = $10 per contract
| Month | Settlement Price per ton |
| Jul 2009 | 1320.00 |
At expiration the settlement price is $1435.00 per ton. What was the amount of your profit from the trade?
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Forecasting Revenue And Expenses For Small Business Using Statistical Analytics
Authors: Eleanor Winslow
1st Edition
0578797259, 978-0578797250
