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Problem 16 Intro You are long 55 gold futures contracts. Gold: 100 troy oz.; $ per troy oz. Open High Low Settle Change 1,400.37 1,401.71

Problem 16 Intro You are long 55 gold futures contracts. Gold: 100 troy oz.; $ per troy oz. Open High Low Settle Change 1,400.37 1,401.71 1,399.95 1,400.32 1.98 | Attempt 5/10 for 10 pts. Part 1 What was your profit or loss over the day (in $)? No decimals Previous answers: 275; -275; 776; -2.75 Submit

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