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Suppose you sell eight May 2018 silver futures contracts on March 27, 2018, at the last price of the day. Use Table 25.2. a. What
Suppose you sell eight May 2018 silver futures contracts on March 27, 2018, at the last price of the day. Use Table 25.2. a. What will your profit or loss be if silver prices turn out to be $16.72 per ounce at expiration? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What will your profit or loss be if silver prices are $16.27 per ounce at expiration? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a. b. Platinum NYM-50troy oz Spar troy az Aprt 952.90 96160 939 20 946 70 12.5238 July Silver (CMO) 5000 troy oz. Spertroy or March May 16.541 014 149 103 Crude Oil, Light Sweet (NYM)-1000bbis-sperto May 65.25 June 65 13 July =117042 Seot Dec 0.0125 Dec 19 151109 NY Harbor ULSD (NYM) 4200CGAL Sperga Apr 2503 May 2.0199 DUL 1 U sans 329 M lu 30 10 IM
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