Question: How do I solve this? Show your work. Yesterday, you entered into a futures contract to buy 62,500 at $1.50 per . Suppose the futures

How do I solve this? Show your work. Yesterday, you entered

How do I solve this? Show your work.

Yesterday, you entered into a futures contract to buy 62,500 at $1.50 per . Suppose the futures price closes today at $1.46. How much have you made/lost? A) You have lost $2,500.00. B) Depends on your margin balance Q) You have netither made nor lost money. yet D) You have made $2,500.00 Answer: A

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