Jim sells (goes short) a futures contract on crude oil. The
contract size is 10,000 barrels and the initial price is
$100.00 per barrel. The following day the price moves to $100.10.
What is the total dollar amount of the gain or loss for the entire
10,000 barrel contract? Enter your answer to the nearest cent
(i.e. two decimal places) and insert a negative sign if the amount
is a loss.
Jim sells (goes short) a futures contract on crude oil. The contract size is 10,000 barrels and the initial price is $10
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Jim sells (goes short) a futures contract on crude oil. The contract size is 10,000 barrels and the initial price is $10
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