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Author Question: Benjamin bought a contract for future delivery of 5000 bushels of oats at $3.64 per bushel and sold ... (Read 316 times)

acwiles

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on: Mar 29, 2022
Benjamin bought a contract for future delivery of 5000 bushels of oats at $3.64 per bushel and sold a later contract at $3.92 a bushel. A month later, corn prices were rising and Joseph sold his long contract for $4.01 per bushel and covered his short by purchasing a contract for $3.99 per bushel.  Ignoring trading costs, Joseph
◦ broke even.
◦ made a profit of $1,850.
◦ lost $1,500.
◦ made a profit of $1,500.
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Marked as best answer by acwiles on Mar 29, 2022

ahardin89

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Reply #1 on: Mar 29, 2022
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.
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acwiles

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Reply 2 on: Mar 29, 2022
Excellent

bbburns21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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