Question
Previous days settlement price of the A$ futures contract = $0.7698/A$ Todays settlement price of the A$ futures contract = $0.7641/A$ Contract size is A$100,000.
Previous days settlement price of the A$ futures contract = $0.7698/A$ Todays settlement price of the A$ futures contract = $0.7641/A$ Contract size is A$100,000. Calculate the change in your account balance if you have a short position in 1 (one) A$ futures contract.
$641
-641
-$570
$41
$570
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
