You shorted 15 June 2022 British pound futures contracts at the high price for the day. Looking
Question:
You shorted 15 June 2022 British pound futures contracts at the high price for the day. Looking back at Figure 14.1, if you closed your position at the settle price on this day, what was your profit?
Figure 14.1
Transcribed Image Text:
Futures Contracts Futures Prices (June 3, 2022) Metal & Petroleum Futures Open High Hlo Low Suttle Chy Intard 0 45673 44725 1775 -0.0765 2000 197280 19896 2 139.80 1905.rmos 18 北 2025.00 612 00 639.70 15 0 15 35 82 45 道路 Agriculture 235 1942 1849.70 1250.20 -21.20 1990 900 1845.40-2110 11,543 5 3 48 江塔塔话 版 阙版源謗及和苏亚 litra Tregues 官 金魚 High Colo We a wai wuwsgrestrode Rom0 152-280 137-130 19 0017 118-115 118-175 15080 189-136 139-730 139-260 22: Open we d 154-01-2018 Troasury Notes (a)-$200000.pts fantse R 05-20 105-105 93.9150 98.0850 0000 4000 1726-170-12.0 11,962 of dota 463,198 957900 968150 -450 25382 0 3445406 93.2300 98.2375 0025 1,118807 96.7550 96.7750 -0200 1331, 199 38,292
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
15 625...View the full answer
Answered By
Mahesh G
I have more than 7 years of experience in teaching physics, mathematics and python programming to more than 600 students including both online and offline tutoring.
I follow the following 7 step fundamental approach towards tutoring.
1. Curiosity, scope, enlightenment of the topic in hand.
2. Problem Definitions and elaboration.
3. Requisite mathematics, analytical abilities and quantitative
aptitude.
4. Preparing Algorithms for problem statement.
5. Concepts with analogies and building algorithm.
6. Introspection and improvising.
7. Daily class wise Cheat sheets(its not cheating) for consolidation.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Question Posted:
Students also viewed these Business questions
-
You shorted 15 March 2016 British pound futures contracts at the high price for the day. Looking back at Figure 14.1, if you closed your position at the settle price on this day, what was your...
-
You went long 20 July 2022 crude oil futures contracts at a price of $116.50. Looking back at Figure 14.1, if you closed your position at the settle price on this day, what was your profit? Figure...
-
You went long 20 June 2016 crude oil futures contracts at a price of $42.18. Looking back at Figure 14.1, if you closed your position at the settle price on this day, what was your profit? Figure...
-
The combined sewer system in city ABC is comprised of two parallel interceptors referred to as "North" and "South" lines. The southern line is connected to a newly built wastewater treatment plant....
-
Table 29.13 shows the 2001 financial statements for the Executive Cheese Company. Annual depreciation is 10 percent of fixed assets at the beginning of the year, plus 10 percent of new investment....
-
Do you think legal feasibility is an issue for a system that incorporates the use of machines to sell lottery tickets?
-
Describe the purpose of certification and licensure, and list reasons for revocation of licenses.
-
What are the advantages of establishing pay ranges, rather than specific pay levels, for each job? What are the drawbacks of this approach?
-
Manufacturing Costs Assigned Job Number April May June Month Completed 10 $6,060 $5,420 May 11 4,800 4,640 $2,360 June 12 12 1,340 April 13 5,470 5,310 June 14 7,000 4,210 Not complete Job 12 was...
-
You manage a $100 million stock portfolio with a beta of .8. Given a contract size of $100,000 for a stock index futures contract, how many contracts are needed to hedge your portfolio? Assume the...
-
A stock index futures contract matures in one year. The cash index currently has a level of $1,000 with a dividend yield of 2 percent. If the interest rate is 5 percent, then spot-futures parity...
-
For k, n Z+, prove that if kn + 1 pigeons occupy n pigeonholes, then at least one pigeonhole has k + 1 or more pigeons roosting in it.
-
Use the Bisection method to find solutions accurate to within 10-5 for the following problems. a. x-2=0 for 0x1 he-x+3x-2=0 for 0 x1 Question No. 2 Q/3. Determine the minimum number of iterations...
-
f(x) = x sin(x) + x cos(x) + 10 Use an approximate percentage relative error of 10% as a termination criterion. 2. Determine the root of the function cos(x + 7) + sin(3x - 1)-3(x-1) in the interval...
-
you will be provided with the skeleton project which you will develop into a simple Inventory Management System. The classes and methods in the classes are created for you. You are required to make...
-
Below are several accounts in a trading company's financial report: Calculate the ratio for 2018 and 2017 below and provide your interpretation of the company's financial performance based on the...
-
Ndoni & Daughters is a South African company that manufacturers over 400 household products. The company was established in the 1900's and offer a range of brands that give the company a unique place...
-
Consider a firm such as U-Haul that supplies trucks that we could rent to move goods. (Ignore other aspects of U-Haul's operations.) To meet demand, which is usually seasonal and focused on a few...
-
San Carlos Bank and Trust Company uses a credit-scoring system to evaluate most consumer loans that amount to more than $2,500. The key factors used in its scoring system are found at the conclusion...
-
A researcher once attempted to estimate an asset demand equation that included the following three explanatory variables: current wealth W t , wealth in the previous quarter W t-1 , and the change in...
-
In 1998, Mark McGwire hit 70 homers to break Roger Mariss old record of 61, and yet McGwire wasnt voted the Most Valuable Player (MVP) in his league. To try to understand how this happened, you...
-
Recall from Section 9.5 that switching the order of a data set will not change its coefficient estimates. A revised order will change the DurbinWatson statistic, however. To see both these points,...
-
Do a principal component analysis to explore how well such a sub - space representation works in this case. ( a ) What is the optimal x ?
-
16. Find a formula for the inverse of the function. y = ex 1 + 7ex F-1(x) = -/2.5 points SCalc7 6.3.062. Find the inverse function. y = (In x)6 F-1(x) =
-
A flat, horizontal table makes exactly N rotations per second. You find that when you set a coffee cup of mass M on the table less than or equal to distance R from the center of rotation, the cup...
Study smarter with the SolutionInn App