Question
You are long five September 2015 Canadian futures contracts at $1.22 per CAD. The contracts are for CAD 100,000 each. If the future spot price
You are long five September 2015 Canadian futures contracts at $1.22 per CAD. The contracts are for CAD 100,000 each. If the future spot price is $1.32 / CAD, what are your anticipated profits.
a. $10,000
b. $-50,000
c. CAD 50,000
d. $50,000
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Parimutuel Applications In Finance New Markets For New Risks
Authors: Ken Baron, Jeffrey Lange
1st Edition
1403939500, 9781403939500
