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Suppose you sell six April 2017 gold futures contracts on this day, at the last price of the day. Use Table 23.1 a. What will

Suppose you sell six April 2017 gold futures contracts on this day, at the last price of the day. Use Table 23.1

a.

What will your profit or loss be if gold prices turn out to be $1,246.30 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.)

b. What will your profit or loss be if gold prices are $1,231.80 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.)image text in transcribed

9.388 947-50 972.50 -9.00 -8.50 2.516 11.00 179,042 443-50 455.25 11.25 137.497 925 451.25 425.00 71.740 69.377 8.90 568.50 11.00 566.50 1.25 29.537 1.925 19.575 10.511 124.050 1.025 Dee 54.79 55.35 54.79 55.21 0.49 229,869 Dee's 555.10 35-90 55.04 55-32 0.97 111,505 NY Harbor ULSD (NYM)- 2,000 gal; pergal. March 16360 1.6624 1.6345 1.6415 0055 April 1.644316693 1.6435 1.6500 Opg 72,273 Gasoline-NY RBOB (NYM)-42.000 gal: $ pergal. March 1.5310 1.5811 1.5474 1.5703 .017 112.099 April 1.7600 1.7800 1.7575 1.7741 0122 85.512 Natural Gas (NYM) 10.2000 MM itu; per MMA March 3-143 3.189 3110 3.141 .015 197,215 April 3.253 3-179 3-209 013 May 3969 3311 137,148 June 3339 3-365 3.298 3-330 .019 29.485 July 3,350 3-380 .020 79.570 3-392 .020 93442 Agriculture Futures Corn (CBT)-5.000 bu; cents per bu. March 369.30 372.75 367.50 369.50 -1.25 500.405 May 377.21 380.25 -1.25 346.739 Oats (CUT)-5.cxco hu; cents per bu. March 256.00 254.90 -50 4.155 May 218.25 254.00 216.00 253.00 3.00 3,027 Soybeans (CBT)-5.000 bu: cents per a March 1057.00 1061.50 1045.00 1050.30 -8.35 ROON May 1067.25 1071.90 1055-50 1061. 210.368 Soybean Meal (CBT)-100 tons; S perton. March 340.70 341.00 335.90 338.40 136,399 May 344.80 345.80 340,10 342.00 -2.70 129.484 Soybean Oil (CBT)-60,000 lbs: cents per lb March 34.07 34.98 34:47 34.67 -02 123.991 May 3526 34.76 34.93 --03 118,319 March 059.00 060.50 942.0) May 978.50 944.50 Wheat (CBT)-5.000 bu., cents per bu. March 430.50 444.00 429.5 May 442.00 455 50 440.75 Wheat (KC)-5.000 bu; cents per bu. March 440.25 451.75 438.25 July 475.25 462.75 Wheat (MPLS)-5.000 bu; cents per a Murch 577-50 569.50 556.00 May 556.75 567.00 555. Cattle-Feedler (CME) 50,000 lbs., cents per lh. March 129.800 121.00) April 129 250 124.200 122.45) Cattle-Live (CME)-40,000 lbs cents per lb. Feh 117-250 117-750 116.775 April 115-000 115.175 114.125 Hogs-l.ean (CME)-40,000 lbs, cents per Th. Feb 73.900 74.500 April 72.125 72.250 70.625 Laumber (CME)-110,000 bd. tt, $ per 1.000 bd. ft. March 381.70 38.70 May 379.60 381.70 375.00 Milk (CMK) 200,000 lbs. cents per lb, Feb 16.87 16.89 16.79 March 16.91 17.03 16.73 Cocoa (ICE-US)-10 metric tons; Sper ton $ Marel 1,993 2,018 1.969 May 2.000 2,038 1.988 Coffee (ICE-US)-37.500 lbs: cents per lb (-): 117.650 114.895 .875 .025 17.410 144.593 6,503 74.25 .85 14,671 70.775 -950 104,603 373.80 375-40 3.50 2,698 1541 38.40 2.60 4.180 16.85 16.97 4.399 -19 35.155 105_293 1,996 34.96 TABLE 23.1 Sample Wall Street Journal Futures Price Quotations Metal & Petroleum Futures Contract Open Open High hilo Low Settle Chg interest Copper-High (CMX)-25.000 Tbs: $ per lb. Feb 2.6735 2.6735 2.6480 -0.0125 672 March 2.6660 2.6765 2.6410 2.6535 -0.0130 120,434 Gold (CMX)-100 troy & per tray az Feb 1239.40 1243-50 1296,90 1235.10 -2.50 1,387 April 1242.70 1246,20 1226.10 1236.80 -2.20 288,888 1246.10 1249.00 12:30.00 1240.00 -2.70 63.91 Aug 1250.10 1252.00 1235.10 1243.10 -2.80 18,296 Dec 1254.00 1956.00 1239.00 1949.00 -2.70 29,516 June 18 1266.00 1266.00 1254.80 1259.00 -2.50 4,419 Palladium (NYM)-50 troy O2: Sperroyo Feh 732.85 73285 732.85 1 March 770.60 778.80 768.c) 772.55 2.80 22,948 June 771.00 780.00 770.40 774-00 2.85 Sept 775.30 777.00 775.10 775.00 3.60 17 Platinum (NYM)-50 trays per troy Feb 978.80 979.10 978.80 1019.20 2.80 April 1019.60 1032.10 1016,20 1022,20 2.80 59.479 Silver (CMX)-1.000 try : $ per troyo Feb 17.750 17.815 17.720 0,037 179 March 17.760 17.845 17.615 0.036 112429 Crude Oil, Light Sweet (NYM)-1,000 bhls: $ per bbl March 52.37 53.21 52.37 53.00 0.66 385,634 April 52.98 53.70 52.95 53.46 0.55 280,780 May 51.40 54.10 52-41 53.88 0.51 June 5.90 54.45 53.00 ) 54.25 0.49 264.679 Mareh 143.40 145.70 142.85 145.20 2.30 13.558 May 145.95 144.05 145.25 147.60 2.30 73.254 Sugar-World (ICE-US)-112,000 lbs; cents per lb. March 20.74 21.03 20.62 20.65 -11 220,619 May 20.72 20.97 20.61 20.65 -08 224,526 Sugar Domestic (ICE-US)-112,000 lbs, cents per lh. May 30.40 30.40 30.40 30.32 207 946 July 30.40 30.40 30.99 30.40 1.768 Cotton (ICE-US)-50,000 lbs: cents per lb. March 75-43 76.13 75.25 75.58 33 104.332 May 76.40 77.30 76.40 76.65 22 97.772 Orange Juice (ICE-US)-15.000 lbscents per lb March 172.65 175.00 171.55 174.00 LOD 7.438 May 167.80 109.75 166.80 168.75 .00 3.434 Interest Rate Futures Treasury Bonds (CET)-$100,000 ps 32nds of 100% March 153-160 153-170 151-310 152-060 622,929 June 152-060 152-060 150-240 150-300 -1-030 2,310 Treasury Notes (CBT)-$100,000; pts 320ds of 100% March 125-155 125-155 194-270 124-995 14.03.160.794 June 134-265 124-270 124-105 124-130 -14-5 68,648 5 Yr. Treasury Notes (CBT)-$100,000; pts 32nds of 100% March 118-132 118-132 118-012 118-025 -8.5 3,119.541 June 118 015118 015 117 230 117-435 9.0 137,000 2 Yr. Treasury Notes (CBT)-$200,000; pts 32nds of 100% March 108-170 108-172 108-142 108-147 2.0) 1,349,070 June 108-060 108-060 108-060 108-055 8.979 30 Day Federal Funds (CRT)-$5,000,000, 100-daily avg. Feb 99.343 99.345 99-313 99-342 -.001 100,104 April 99.315 99-3:20 4 99.305 99-310 -.005 373.852 10 Yr. Del. Int. Rate Swaps (CET)-$100,000; pts 32nds of 100% 94-438 31,717 4,896 20136 134 126,519 20073 136 893 88.716 1.455.611 1.434.355 2304.30 14.10 68,270 2299.10 14.20 1,259 1.350,76 14.00 2304.25 2299.00 2.882.114 36,548 14.00 191,960 1986 9.846 Index Futures Mini Industrial Average (CBT)-$5 x index March 20010 20158 19982 June 19921 20093 19921 S&P 500 Index (CME)-$250 x index March 2290.70 2307 50 2288.30 June 2295.50 2302.90 Mini S&P 500 (CME)-$50 x index March 2307.75 2287.75 June 2285,00 2302.75 2282.50 Mini S&P Midcap 400 (CME)-$100 x index March 1694-30 1712.80 1691.70 Mini Nasdaq 100 (CME)-$90 x index March 5189,8 52193 51863 June 5193-3 5217.8 51860 Mini Russell 2000 (ICE-US)-S100 x index March 1356.50 1380.10 13544.60 June 1357-30 1375.70 1357.30 Mini Russell 1000 (ICE-US)-$100 x index March 1275-10 128210 1974.00 U.S. Dollar Index (ICE-US)-$1,000 x index March 100.24 100.67 100.09 June 100.92 100.58 100.05 1709.70 16.30 94.526 115.305 5213.3 310 819 2.625 March 94.703 94.766 94-359 -.438 1 Month Libor (CME)-$3,000,000; pts of 100% Feh 99.975 Extralollar (CME)-$1,000,000; pts of 100% Feb 98.9650 98.9650 98.9625 98.9685 -0025 March 98.9450 98.9450 98.9300 98.9350 - 0100 ) June 98.000 98.800 98.7750 98.7800 Dec 98.5400 98.540 98.5000 98.5050 - 0100 Currency Futures Japanese Yen (CME)- Y12.500.000 $ per 100Y March .8949 .8829 .8834 -.0097 June B92 R .8872 - 0096 Canadian Dollar (CME)-CAD 100.000 per CAD March .7610 7639 -7596 .7614 .0011 -7619 -7646 .7604 -7622 .0011 British Pound (CME)-C62.500; $ per March 12544 1.2539 1.2497 1.2502 -.0031 June 12563 12527 1.2531 -.0032 Swiss Franc (CME)-CHF 125.000; $ per CHF March 1.0066 1.0079 .9995 -.0064 June 1.0100 1.0130 1.005G 1.0058 -.0064 Australian Dollar (CME)-AUD 100,000; & per AUD March .7636 -7659 -7605 -7622 -104 June .7617 -7641 .7589 -7605 -00104 - Sept -7576 -7611 -7593 -.0004 Mexican Peso (CMIE)-XXN 500,000: $ per MXN March 04861 .04904 .04847 .04879 .00018 04791 .64789 .04811 ODD18 Euro (CM) 125.000; $per March 1.0706 1.0721 1.0062 1.0670 -0029 1.0746 1,020 10719 1.0720 --0029 21.0 211.3 621 -1-030 208,495 1,661 1377.00 21.00 21.00 613.166 1374-30 540 47.842 1.80 1980.60 8.50 7,872 100.6 38 115.779 1,205 60.426 2,792 100-56 688 SourcesSEK Financial Information: The Wall Street Jourrow, February 10, 2017 142,828 47.992 391.573 10.473

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