Biology Forums - Study Force

Other Fields Homework Help Business Topic started by: Rickos on Jun 1, 2017



Title: You sold one July futures contract of pork bellies at $.59 per lb. One contract represents 40,000 ...
Post by: Rickos on Jun 1, 2017
You sold one July futures contract of pork bellies at $.59 per lb. One contract represents 40,000 lbs. of pork bellies. By the end of the day, the price had fallen to $.57 per lb. What was your profit or loss for the day?
A) $800 profit
B) $356 loss
C) $800 loss
D) There is no profit or loss until the contract expires.


Title: Re: You sold one July futures contract of pork bellies at $.59 per lb. One contract represents ...
Post by: vanrhee on Jun 1, 2017
Content hidden