Question 7 The contract size for platinum futures is 50 troy ounces. Suppose you need 3500 troy ounces of platinum and t
Posted: Wed Jul 06, 2022 6:45 pm
Question 7 The contract size for platinum futures is 50 troy ounces. Suppose you need 3500 troy ounces of platinum and the current futures price is $1448 per ounce What is your dollar profit if platinum sells for $1472 a troy ounce when the futures contract expires? 1 points