Question: Please answer the next question based on the closing July futures contract prices for Swiss francs CHF) for three consecutive days in April 20XX. Date

Please answer the next question based on the closing July futures contract prices for Swiss francs CHF) for three consecutive days in April 20XX. Date 4/01 4/02 4/03 July 2020 Futures Contract $0.5350 $0.5374 $0.5315 Based on prices during the three-day period, which one of the following statements is true: O If you sold CHF futures contracts on 4/02, then on 4/03 you would have made a profit If you bought CHF futures contracts on 4/02, then on 4/03 you would have made a profit If you bought CHF futures contracts on 4/01, then on 4/02 you would have made a loss o If you sold CHF futures contracts on 4/01, then on 4/02 you would have made a profit
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