Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 13 Oct 2017 My Price 7.00

intermediate calculations

Suppose you sell six June 2014 gold futures contracts on this day, at the last price of the day. Use Table 23.1

  

What will your profit or loss be if gold prices turn out to be $1,300.12 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.)

   

  (Click to select)LossProfit $

  

What will your profit or loss be if gold prices are $1,291.32 per ounce at expiration? (Do not round intermediate calculations. Enter your answer as a positive value rounded to the nearest whole number, e.g., 32.)

  

  (Click to select)LossProfit $

 

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Maurice Tutor
(5)
Status NEW Posted 13 Oct 2017 05:10 PM My Price 7.00

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