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Question 5 3 pts What is the per ounce payoff at expiration for a trader that entered a long forward contract at F=$1523 per ounce
Question 5 3 pts What is the per ounce payoff at expiration for a trader that entered a long forward contract at F=$1523 per ounce if the spot price at expiration is $1755 per ounce? Enter answer in dollars, rounded to the nearest dollar. If payoff is negative place "-" symbol in front of amount, as in "-55" Question 6 3 pts A trader entered a short forward contract on 3,000 bbls of oil at F=$52.00/bbl. What is the entire forward contract payoff if the spot price of oil at expiration is $48.66/bbl? Enter answer in dollars, rounded to the nearest dollar. If payoff is negative place "-" symbol in front of amount, as in "-55
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