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elf_fu elf_fu
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Posts: 705
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6 years ago
The spot price of the market index is $900. A 3-month forward contract on this index is priced at $930. What is the profit or loss to a short position if the spot price of the market index rises to $920 by the expiration date?
A) $20 gain
B) $20 loss
C) $10 gain
D) $10 loss
Textbook 
Derivatives Markets

Derivatives Markets


Edition: 3rd
Author:
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phuongha2892phuongha2892
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#1
Posts: 471
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6 years ago
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elf_fu Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
africa143
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Yesterday
Brilliant ツ
SUmmerPeople
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2 hours ago
Good timing, thanks!
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