Question
Using Figure 14.1 : https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/finance/Jordan_8e/figure_14.1.jpg You are long 40 January 2016 soybean meal futures contracts. Calculate your dollar profit or loss from this trading day.
UsingFigure 14.1: https://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/finance/Jordan_8e/figure_14.1.jpg
You are long 40 January 2016 soybean meal futures contracts. Calculate your dollar profit or loss from this trading day.(A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Entrepreneurial Finance
Authors: Chris LeachJ LeachRonald Melicher
3rd Edition
0324561253, 9780324561258
