You entered into a short position on a future's contract to sell euros at the entry...
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You entered into a short position on a future's contract to sell euros at the entry price of $1.6 per euro. At the maturity of the contract, you delivered the euros at $1.55 per euro. What was your total gain or loss from the marking to market over the contract? The contract size is 100,000 euros. You entered into a short position on a future's contract to sell euros at the entry price of $1.6 per euro. At the maturity of the contract, you delivered the euros at $1.55 per euro. What was your total gain or loss from the marking to market over the contract? The contract size is 100,000 euros.
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Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
Posted Date:
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