How much have you gained or lost
Course:- Finance Basics
Reference No.:- EM13298427

Assignment Help >> Finance Basics

On 2 sept,the quoted price of the 90 day bank bill future contract maturing on 12 dec was 92.00. On 8 sept the price was 92.50 . Suppose that you sold fifteen 90 day bank bill future contract on 2 sept and closed out your position on 8 sept. Ignoring transaction costs,how much have you gained or lost?

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Finance Basics) Materials
Why might a firm use a "local" capital structure at the particular subsidiary which differs substantially from its "global" capital structure?
Name and explain at least three tactics used by identity thieves to obtain information.- Can identity theft occur through legitimate access to your personal information? Expla
Let's assume instead that the annual cash flows are $380,000 for the first two years and then $300,000 for the remaining years. What would be the project's payback period in t
1. Suppose the company just paid dividend of $1. The dividends are expected to grow at 20% in Year 1 and 15% in Year 2. After that, the dividends will grow at a constant rat
Analyze corporate social responsibility and its importance in new business ventures. How do you demonstrate your commitment to corporate social responsibility in your busine
How does the liquidity premium theory of the term structure of interest rates differ from the unbiased expectations theory?  In a normal economic environment, that is, an upwa
You purchase 100 shares for $50 a share ($5000), and after a year the price rises to $60. what will be the percentage return on your investment if you bought the stock on ma
Using pro-forma data attached prepare a net present value analysis using the data in the example and substitute the 5% hurdle rate in the problem to a 6% hurdle rate, and p