Mr. Tiffany would love to use E-micro gold future contracts to hedge his holding of 3200 shares
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Mr. Tiffany would love to use E-micro gold future contracts to hedge his holding of 3200 shares of GLD which are trading at $166.36/share. he worries that the gold price may fall between 15th february and 15th november. What future position would Mr. Tiffany enter? please specify the direction (long or short), number of contracts and the expiry month
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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