This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider the information on the Chicago Board of Trade Gold Futures contract in the table and answer ... (Read 54 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Apr 25, 2021



Consider the information on the Chicago Board of Trade Gold Futures contract in the table and answer the following question.

Today is June 1st and you want to use CBOT gold futures contracts to speculate on the price of gold, which you think is going to fall. The current spot price for gold is 650. The futures price for October delivery is 658.9. You sell 1 contract for October delivery. What is your cumulative profit on the transaction if the futures price for gold is 641 in October?
◦ $900
◦ $1,200
◦ $1,790
◦ $1,850
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by JMatthes on Apr 25, 2021

poopface

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


JMatthes

  • Member
  • Posts: 578
Reply 2 on: Apr 25, 2021
Wow, this really help

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Messenger RNA (mRNA) carries genetic information from the nucleus to the cytoplasm for protein synth Messenger RNA (mRNA) carries genetic information from the nucleus to the cytoplasm for protein synth
a) Lunge with your legs open to the table. b) Avoid lunging with your legs close to table. a) Lunge with your legs open to the table. b) Avoid lunging with your legs close to table.
Lipid composition in the outer leaflet (green) and inner leaflet (gold) of the plasma membrane Lipid composition in the outer leaflet (green) and inner leaflet (gold) of the plasma membrane
Answer to Chem Question Answer to Chem Question
Answer to physics question from Youtube Answer to physics question from Youtube
Table - Correlation Analysis Table - Correlation Analysis
Video: Hemodynamics Animation

For a complete list of videos, visit our video library