You are a speculator who entered a short position in BAB futures when their value was $992,608.47. Market prices have since changed to 97.22 and you have decided to close out your position. Calculate your profit or loss. Give your answer in dollars and cents to the nearest cent. If your answer is a loss then place a negative sign in front of your answer.

Answer rating: 100% (QA)

To calculate your profit or loss from closing out a shor... View the full answer