Suppose that you sold a futures contract for $3.75 per bushel and the contract ended at $3.60

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Suppose that you sold a futures contract for $3.75 per bushel and the contract ended at

$3.60 after several days of closing prices of $3.80, $3.70, $3.65, $3.70, $3.65, and $3.60.

What would the mark to market sequence be?

day 1 : -0.05

day 2 : +0.1

day 3 : +0.05

day 4 : -0.05

day 5 : +0.05

day 6 : +0.05

What are the calculations ?

Related Book For answer-question

Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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Posted Date: Feb 20, 2024 09:57 AM

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Suppose that you sold a futures contract for $3.75 per bushel and the contract ended at $3.60

Question:

Expert Answer:

The marktomarket sequence reflects the daily changes in the value of the futures ... View the full answer

Data Analysis and Decision Making

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