Suppose you sell eight July 2 0 2 0 silver futures contracts this day at the last
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Question:
Suppose you sell eight July silver futures contracts this day at the last price of the day. Use Table
a
What will your profit or loss be if silver prices turn out to be $ per ounce at expiration? Do not round intermediate calculations and enter your answer as a positive value rounded to decimal places, eg
b What will your profit or loss be if silver prices are $ per ounce at expiration? Do not round intermediate calculations and enter your answer as a positive value rounded to the nearest whole number, eg
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