You are a speculator who entered a short position in BAB futures when their value was $992,608.47. Market prices have si

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answerhappygod
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You are a speculator who entered a short position in BAB futures when their value was $992,608.47. Market prices have si

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You are a speculator who entered a short position inBAB futures when their value was $992,608.47. Market prices havesince changed to 97.22 and you have decided to close out yourposition. Calculate your profit or loss. Give your answer indollars and cents to the nearest cent. If your answer is a lossthen place a negative sign in front of your answer.
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