You are a trader who entered a short position in BAB futures when their price was 91.57. Market prices have since change

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You are a trader who entered a short position in BAB futures when their price was 91.57. Market prices have since change

Post by answerhappygod »

You are a trader who entered a short position in BABfutures when their price was 91.57. Market prices have sincechanged to 91.61 and you have decided to close out your position.Calculate your profit or loss. Give your answer in dollars andcents to the nearest cent. If your answer is a loss then place anegative sign in front of your answer.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”