- 10 An Investor Bought Three May 2022 Silver Contracts On January 21 2022 When The Price Was 24 35 Per Troy Ounce One 1 (13.93 KiB) Viewed 34 times
10. An investor bought three May 2022 Silver contracts on January 21, 2022 when the price was $24.35 per troy ounce. One
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10. An investor bought three May 2022 Silver contracts on January 21, 2022 when the price was $24.35 per troy ounce. One
10. An investor bought three May 2022 Silver contracts on January 21, 2022 when the price was $24.35 per troy ounce. One month later, on February 21, 2022, the price was $24.040 per troy ounce. What is the investor's gain/loss per troy ounce assuming the contract is closed out on February 21st There are 5,000 troy ounces of Silver per contract. a. Loss of $0.31 per troy ounce d. Loss of $0.93 per troy ounce b. Loss of $1,550 per troy ounce e. Gain of $0.93 per troy ounce Gain of $0.31 per troy ounce e.