Three days ago, you entered into a futures contract to sell €62,500 at $1.50 per €. Over the past three days the contract has settled at $1.50, $1.52, and $1.54. How much have you made or lost? Multiple Choice a. Lost $0.04 per € or $2,500 b. Made $0.04 per € or $2,500 c. Lost $0.06 per € or $3,750
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Three days ago, you entered into a futures contract to sell €62,500 at $1.50 per €. Over the past three days the contract has settled at ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Compare a government business enterprise to a public company?
Answers (1)
Town A, in one hour, can produce either 4 hotdog buns, or 10 sausages. Town B, in one hour, can produce either 8 hotdog buns, or 6 sausages. There are 60 people in each town.
Answers (1)
Ms. march is teaching matthew to do his laundry. she has written a task analysis for doing laundry, which consists of 36 steps.
Answers (1)
Madison purchases several 50-pound bags of mulch at the local gardening store. An employee carries the bags of mulch to Madison's truck and loads them into the back for her.
Answers (1)
The u. s. gdp in 2008 was $14,291.5 billion, and the previous year the gdp was $14,028.7 billion. what was the rate of growth in gdp in 2008
Answers (1)
New Questions in Business
Welfare economics explains which of the following in the market for televisions? a. The government sets the quantity of televisions; firms respond to the quantity by charging a specific price. b.
Answers (1)
Cardinal Company is considering a five-year project that would require a $2,890,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%.
Answers (1)
Parwin Corporation plans to sell 42,000 units during August. If the company has 17,500 units on hand at the start of the month, and plans to have 18,500 units on hand at the end of the month, how many units must be produced during the month?
Answers (1)
Clip Joint company is ready to sell its bonds. Which of the following financial questions is most relevant to the issue of the bonds and that investors will most likely want answered before they purchased the bonds?
Answers (1)
A company has budgeted sales for January and February of 20,000 and 25,000 units, respectively. The selling price is $5 per unit and the purchase price is $3 per unit. Budgeted ending inventory is 10% of the next month's sales.
Answers (1)