The CAC40 has a Sell price of 4998 and a Buy price of 5000. You open a

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The CAC40 has a Sell price of 4998 and a Buy price of 5000. You

open a long (Buy) CFD trade of 10 contracts, equal to 10 euros per

point. The price increases to a Sell price of 5010 and a Buy price of

5012. You close your trade. What is your profit (excluding fees)?

Related Book For answer-question

International financial management

ISBN: 978-1133947837

12th edition

Authors: Jeff Madura

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Posted Date: May 11, 2024 10:18 AM

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The CAC40 has a Sell price of 4998 and a Buy price of 5000. You open a

Question:

Expert Answer:

To calculate the profit from the CFD trade we need to consider the difference ... View the full answer

International financial management

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