An investor takes a short position in 5 oil futures contracts on April 1 , 2 0

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Question:

An investor takes a short position in

5

oil futures contracts on April

1, 2016 .

The initial futures price is $

60 .

At expiration, the oil futures price is $

64 .

What is the investor

s total gain? Each contract is for

1, 000

barrels of oil.

Posted Date: May 18, 2024 09:02 PM

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An investor takes a short position in 5 oil futures contracts on April 1 , 2 0

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