What is the payoff on the contract

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If the market price for silver is $16.17 per ounce on the day each of the following contracts expire or a payment on the contract is due, what is the payoff on the contract? (Indicate the amount and whether the party indicated receives or makes the payment.)

a. A short forward contract on 100 troy ounces with a forward price of $16.41.

b. Three long futures contracts (each futures contract covers 100 troy ounces) with a futures price of $16.41.

c. A written call option on 100 troy ounces with a strike price of $16.41.

d. An owned put option on 200 troy ounces with a strike price of $16.41.

e. A silver swap with a payoff equal to: 300*(S_t - $16.41) where S_t is the market price of silver on the day the payment is due.

Reference no: EM131623630

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