Compute your profit-loss in usd on tuesday and wednesday

Reference no: EM1333012

Losses/gains on a futures contract

You are long one CME Dec sterling future of contract size £62.500. Mon closing of the future was 1.8212 USD/GBP. On Tues, the price rose to 1.8289; on Wed the price changed to 1.8275. Calculate your profit/loss in USD on Tue and Wed.

Reference no: EM1333012

Questions Cloud

Describe and analysis the department of education : Examine the Department of Education and explain and analysis whether the department is successful or not.

Findings of the research project : An important aspect of completing a research project is effectively presenting the issue to any stakeholders involved or anyone with an interest in the chosen issue.

Classification relative to the employer : Why do you think the law has established guidelines as to whether workers are classified as either independent contractors or employees and What are the advantages and disadvantages of each classification relative to the employer?

Give a very small vb programing example of encapsulation : make a ""very small"" VB programing example of Encapsulation having two classes with a definition. Use VB code2003 to demonstrate. Please use new cars as this exapmle. Thanks, I need this by midnight.

Compute your profit-loss in usd on tuesday and wednesday : Wednesday the price changed to 1.8275. Compute your profit-loss in USD on Tuesday and Wednesday.

Show the benefits from alternative work arrangements : How can employees benefit from alternative work arrangements and How can employers benefit from alternative work arrangements and what are some of the possible negative outcomes for employers and/or employees regarding alternative work arrangements

Explain future of online advertising : Explain future of online advertising and Where do you think the future of online advertising is headed

How to show the mortgage payment amount : Modify the mortgage program to allow the user to input the amount of a mortgage and then choose from a menu of mortgage loans: 7 year at 5.35%, 15 year at 5.5 %, and 30 year at 5.75%. Use an array for the different loans.

Assume you fail to hedge but the british ale seller decides : Assume you fail to hedge, but the British ale seller decides to cut you a break and only pass through half of the pound appreciation.

User Account

All Pages