Question
Suppose you sell (short) one futures contract for April 2021 delivery at the closing price of $831 on January 15, 2021. What is your profit
Suppose you sell (short) one futures contract for April 2021 delivery at the closing price of $831 on January 15, 2021. What is your profit or loss if the contract closes at $837 on March 19, 2021? (Each contract calls for delivery of 5,000 bushels.)
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
2nd Edition
0324117752, 9780324117752
