Question
Suppose you are a speculator and have previously taken a long position for April 2019 lean hogs at a price of $74.635. The price of
Suppose you are a speculator and have previously taken a long position for April 2019 lean hogs at a price of $74.635. The price of this contract is currently $73.425, and you decide to close your position. What do you do to close your position, and what is the change in the total value of your position?
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Finance For A Better World
Authors: Henri-Claude De Bettignies, F. Lépineux
2009th Edition
0230551300, 978-0230551305
