Question
Please stop sending paragraphs for math problems The three-month futures price for the euro is $1.0926/. You expect the spot price three months from today
Please stop sending paragraphs for math problems
The three-month futures price for the euro is $1.0926/. You expect the spot price three months from today to be $1.1196 / and your friend expects that spot to be $1. 0424/. The euro futures contract size is 125,000.
How much profit would you make if you trade 124 contracts and your expectations come true? How much would your friend make for the same number of contracts if your (not your friends) expectations come true? Do you see the zero-sum game in action? How?
Please stop sending paragraphs for math problems please i don't know if y'all are doing it to be funny or mean but were just trying to check our answers here just show me ur math don't give me a paragraph about what u did.
I calculated a loss of $29,520 but I wanna check my math
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