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Calculate the profit and loss of the futures transactions

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Question: Based on the following information, calculate the profit and loss you would make in each of the futures transactions listed in the Australian futures market.

a. You buy five contracts of Eastern Australian Wheat futures at $266 (Australian dollar) and sell them one month later at $271.5.

b. You buy 10 contracts of ASX SPI 200 Index Futures at 4,827 and sell them at 4,756 two months later.

c. You short sell two contracts of Eastern Australia Feed Barley at $231, and the price drops to $210.

d. You buy two contracts of 10-year government bond futures at $97.62 and sell them at $99.

e. You short sell S&P/ASX 200 VIX Futures at 24.45 and, a month later, the price increases to $28.

f. You buy five contracts of AUD futures at a quote of 0.71 (contract unit 100,000 Australian dollars, prices quoted in USD/AUD) and sell them a few months later at 0.73.

Reference no: EM131627351

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