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Q 24: One year ago, you sold a futures contract on 150,000 euros at a futures price of $1.176 with a settlement date of one
Q 24: One year ago, you sold a futures contract on 150,000 euros at a futures price of $1.176 with a settlement date of one year. From one year ago to today, the euro depreciated against the dollar to $1.185 (meaning 1.185 USD per EUR). What is the total dollar amount of your profit or loss? a) -$1350 b) -$2250 c) $2250 d) $3600 e) -$950 f) -$3600 g) $1350 h) Only Oliver the Finance Pug knows.
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