Question: choose the correct answer FUTURE CONTRACTS Open Interest Bid Contract Last Net Ching % Ching Volume Ask 100 GOLD JUL 1/d 1,799.5 100 GOLD AUG1/d
choose the correct answer
FUTURE CONTRACTS Open Interest Bid Contract Last Net Ching % Ching Volume Ask 100 GOLD JUL 1/d 1,799.5 100 GOLD AUG1/d 1.8:06.1 6.3 0.35 % 206,924 78.415 1.806 2 1.806.3 100 GOLD SEP 1/d 1,808.1 +7.2 0.40 % 2,142 1,714 1,807.1 1 807.5 100 GOLD OCT1/d 1.808 3 #6.6 0.37 % 23.195 35.673 1,808.2 1,BOB.4 100 GOLD DEC1/d 1.811 +7 0.39 % 195.166 354,242 1,811 1.811.2 100 GOLD FEB2/d 1.8126 69 0.38 % 5.988 19.028 1,812 8 1.813.1 100 GOLD APR2/d 1,813.9 #6.6 0.37 % 2.455 4.691 1,8144 1.814.7 100 GOLD JUN2/d 1,816.8 $7.9 0.44 % 158 4.687 1,815.9 1,816.5 164 100 GOLD AUG2/d 1,808.9 -1.6 -0.09 %% 52 1,8175 1,818.7 100 GOLD OCT2/d 1,818.5 0.36 % 51 1,819.2 1,820.8 100 GOLD DEC2/d 1,812 8 -0.6 0.03 %% 126 1.454 1,820.8 1,822.3 100 GOLD FEB3/d 1,816.4 1,816.7 1.836.9 1.846.4. 100 GOLD APR3/d 1,819.6 1,817.4 Based on the gold futures contract table above, what is your gain from buying an August 2021 contract, and selling a February 2022 contract? $690 $65 $650 $60Step by Step Solution
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