Tell me what you war Layout References Mailings Review View Help file and can't save any new changes. Please save a copy to avoid losing your work. Save a Copy 1). Define Basis 2). What is a risk less basis trade (price wise) ? 3). What is the significance of the EFP in trade? How does it help 4). To be long basis you are? market participants manage risk and what risk(s)? Long Short 5) Define what a back-to-back trade is and discuss in regards to business risk. 6,) Problem: Today you are long a heating oil forward contract for March delivery in Chicago @ S 1.54/gal and short a NYMEX March heating oil (HOH) contract at S1.54. On February 18 you sell a March Chicago HO vs NYMEX HOH basis at the board. You do an EFP with your counter party @ $1.60/gal a). How much S did you make (+ or-) in S per gal. b). Show the cash flows of the trade. Tell me what you war Layout References Mailings Review View Help file and can't save any new changes. Please save a copy to avoid losing your work. Save a Copy 1). Define Basis 2). What is a risk less basis trade (price wise) ? 3). What is the significance of the EFP in trade? How does it help 4). To be long basis you are? market participants manage risk and what risk(s)? Long Short 5) Define what a back-to-back trade is and discuss in regards to business risk. 6,) Problem: Today you are long a heating oil forward contract for March delivery in Chicago @ S 1.54/gal and short a NYMEX March heating oil (HOH) contract at S1.54. On February 18 you sell a March Chicago HO vs NYMEX HOH basis at the board. You do an EFP with your counter party @ $1.60/gal a). How much S did you make (+ or-) in S per gal. b). Show the cash flows of the trade