An investor enters into a long position in 10 silver futures contracts at a futures price of
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An investor enters into a long position in 10 silver futures contracts at a futures price of $4.52/oz and closes out the position at a price of $4.46/oz. If one silver futures contract is for 5,000 ounces, what are the investor’s gains or losses?
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Effectively the investor buys at 452 per ...View the full answer
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