If you sold a Swiss franc futures contract at time t and the exchange rate has evolved as shown here, what would your cash flows havebeen Futures Change in Gain Cumulative Price Futures r Gain o Margin Day $ CHF Price Loss Loss Account t 0 7335 1 0 7391 2 0 7388 3 0 7352 1 4 0 7297...

Because you sold the Swiss franc futures contract you will gain when the Swiss franc depreciates ver ...

If you sold a Swiss franc futures contract at time t and the exchange rate has evolved

Question:

If you sold a Swiss franc futures contract at time t and the exchange rate has evolved as shown here, what would your cash flows havebeen?

Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...