Question
You take a long position in 24 contracts of January wheat futures contracts at the price of 788.26. You close your position at the
You take a long position in 24 contracts of January wheat futures contracts at the price of 788.26. You close your position at the closing price. What is your profit or loss? Answer should be formatted as a number with 0 decimal places (e.g. 999). Contract Open High Low Close 608.5 662.56 558.28 585.54 Jan, Corn, 5,000 bu, cents/bu Jan, Wheat, 5,000 bu, cents/bu 715.95 790.17 650.75 727.16
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
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