Suppose you purchase a January 2021 rough rice futures contract on December 4, 2020, at the...
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Suppose you purchase a January 2021 rough rice futures contract on December 4, 2020, at the last price of the day. Use Table 25.2. What will your profit or loss be if rough rice prices turn out to be $.1476 per hundredweight at expiration? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) Gain Futures Contracts ts Quote, December 4, 2020 222 92.344 138.600 139.325 -1.650 10.095 RVERS Treasury Notes (CR 20910 110-126 110-132 99.9125 99.9125 100-235 12 1-19.0 1.001.04 79.375 3.041,914 91039051072 -40 35,676 Suppose you purchase a January 2021 rough rice futures contract on December 4, 2020, at the last price of the day. Use Table 25.2. What will your profit or loss be if rough rice prices turn out to be $.1476 per hundredweight at expiration? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) Gain Futures Contracts ts Quote, December 4, 2020 222 92.344 138.600 139.325 -1.650 10.095 RVERS Treasury Notes (CR 20910 110-126 110-132 99.9125 99.9125 100-235 12 1-19.0 1.001.04 79.375 3.041,914 91039051072 -40 35,676
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861704
11th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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