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The following transactions are the only ones made during the first 4 days of trading in a futures contract. DAY TRANSACTION 1 A long 50,
The following transactions are the only ones made during the first 4 days of trading in a futures contract.
DAY TRANSACTION
1 A long 50, B short 50
2 A long 80, C short 80
3 A long 20, D short20
4 C long 70, A sells 40, B sells 30
What is the open interest on these 4 days?
50, 130, 150, 180
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None of the given answers are correct
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50, 130, 150, 190
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50, 130, 150, 110 | ||
50, 80, 20, 70 |
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