British thermal units, Where "MM" stands for one million

British thermal units

Assignment Help Financial Management

Reference no: EM131342462

For each contracts, please tell me if I made a profit or a loss. (contacts are from Nov 7th 2016 to Nov 18 2016).

Show calculations.

November 7th:

February Gold Futures: 1283.4

March 10-Year Treasury Notes: 129-9

January Natural Gas: 2.978

November 18th:

February Gold Futures: 1211.6

March 10-Year Treasury Notes: 124-28

January Natural Gas: 2.980

1) Feb 2017 CME Gold futures—100 ounces. Go short

2) March 2017 CBT 10 year Treasury Notes—$100,000 pts 32nds of 100%. Go short

3) January 2017 Natural Gas. Go Long—10,000 MMBtu. Go Long

Where "MM" stands for one million and British Thermal Units (BTU).

Reference no: EM131342462

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