What is the total profit or loss given the following information: 1. Instrument traded: Futures contract...
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What is the total profit or loss given the following information: 1. Instrument traded: Futures contract on ordinary shares of Severstal 2. Number of instruments traded: 347 3. Position taken: Long 4. Quotation: RUB per lot 5. A futures price: 162269 6. Settlement price at the time of expiration: 158483 7. Lot size 100 ordinary shares. D Insert your answer in a space provided. Use 2 digits after a decimal point. Example: 160623.21 if gains and -160623.21 if losses. Answer: What is the total profit or loss given the following information: 1. Instrument traded: Futures contract on ordinary shares of Severstal 2. Number of instruments traded: 347 3. Position taken: Long 4. Quotation: RUB per lot 5. A futures price: 162269 6. Settlement price at the time of expiration: 158483 7. Lot size 100 ordinary shares. D Insert your answer in a space provided. Use 2 digits after a decimal point. Example: 160623.21 if gains and -160623.21 if losses. Answer:
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