Futures contracts on silver are based on 10,000 tory ounce and are priced in dollars per tory ounce. Assume today's open price on one May contract was 19.603 and the settle price was 19.428.You own four October contracts which you purchased at a quote of 19.346. What is your total profit or loss to date?

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Answer Based on the information provided heres your total profit or loss to date on your October con... View the full answer