- The Following Table Presents Closing Prices Of June 2022 Chf Futures Contract For Three Days In March 2022 Each Contrac 1 (96.48 KiB) Viewed 21 times
The following table presents closing prices of June 2022 CHF futures contract for three days in March 2022. Each contract requires the delivery of CHF 125,000. The initial and maintenance margin per contract are $2,500, and $2,000, respectively. Date 3/01 3/02 3/03 h June 2022 CHF Futures $0.5350 $0.5375 $0.5315 Contract Based on prices during the three-day period, which one of the following statements is true. If you sold CHF futures contracts on 3/01, then on 3/02 you would have made a profit O If you bought CHF futures contracts on 3/01, then on 3/02 you would have made a loss O If you sold CHF futures contracts on 3/02, then on 3/03 you would have made a profit O If you bought CHF futures contracts on 3/02, then on 3/03 you would have made a profit