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You are short 6 March 2016 cotton futures contracts. Calculate your dollar profit or loss from this trading day. (A negative value should be indicated
You are short 6 March 2016 cotton 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.)
I got -114,000, I do not know if that is right
Cotton (1CE-US)-50,000 lbs.; cents per lb Dec March'16 62.08 62.29 61.71 62.12 24 80,755 38 82.220 61.87 62.07 61.61 61.90 Cotton (1CE-US)-50,000 lbs.; cents per lb Dec March'16 62.08 62.29 61.71 62.12 24 80,755 38 82.220 61.87 62.07 61.61 61.90Step by Step Solution
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