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Suppose you sell six May 2 0 2 0 silver futures contracts this day at the last price of the day. Use Table 2 3
Suppose you sell six May silver futures contracts this day at the last price of the day. Use Table
a What will your profit or loss be if silver prices turn out to be $ per ounce at expiration? Do not round intermediate calculations and enter your answer as a positive value rounded to decimal places, eg
b What will your profit or loss be if silver prices are $ per ounce at expiration? Do not round intermediate calculations and enter your answer as a positive value rounded to the nearest whole number, eg
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