An investor enters a short futures contract an asset when the futures price is $1,282 (per...

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An investor enters a short futures contract an asset when the futures price is $1,282 (per unit of the asset). Each contract is on 100 units of the asset. The contract is closed out when the futures price is $1,516 (per unit of the asset). What is the gain on the contract? Please don't answer the gain per unit of the asset! I want the gain on the entire contract (=gain per unit of the asset* 100 units). (Enter gains as positive and losses as negative. Required precision: 0.01 +/- 0.01) An investor enters a short futures contract an asset when the futures price is $1,282 (per unit of the asset). Each contract is on 100 units of the asset. The contract is closed out when the futures price is $1,516 (per unit of the asset). What is the gain on the contract? Please don't answer the gain per unit of the asset! I want the gain on the entire contract (=gain per unit of the asset* 100 units). (Enter gains as positive and losses as negative. Required precision: 0.01 +/- 0.01)

Answer rating: 100% (QA)

To calculate the gain on the short futures contract we need to know the number of ... View the full answer