a) What position should it take in the futures market? b) Assume it takes this position in
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Question:
a) What position should it take in the futures market?
b) Assume it takes this position in the futures market when the futures price is 72 cents per ton. How much will the manufacturer gain or lose if the futures price moves to 75 cents per ton?
Related Book For
Modern Portfolio Theory and Investment Analysis
ISBN: 978-1118469941
9th edition
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
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