Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. suppose you closed your short position in one dece

Suppose you closed your short position in one December 2021 Ultra 10-year T-Note futures contract...

70.2K

Verified Solution

Question

Finance

Suppose you closed your short position in one December 2021 Ultra 10-year T-Note futures contract in the previous question on the last trading day of the contract. Suppose the contract settlement price at the end of the last trading day was 144'105 in CME. How much is your profit/loss from the short position?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

27. What are the typical components of an LP/GP agreement? 28. Explain the key parts of...

Accounting
1.2K views

Eaton Corporation, based in Cleveland, is a global manufacturer of highly engineered products that serve industrial vehicle,...

Basic Math
1.2K views

A bag has four balls labeled A, B, C, and D.One ball will be randomly...

Algebra
1.2K views

Submit Answer 5 Points DETAILS Let y 4x 5 x Find dy X BERRAPCALC7 3...

Accounting
1.2K views

adjusting entries are recorded (select all that apply) a. to ensure revenues and expenses are...

Accounting
1.2K views

Question 2 Revenue Recognition (12 marks, suggested time 16 minutes) Sydney Crobsy Ltd....

Accounting
1.2K views

A company uses the FIFO method for inventory costing. During a period, a production department...

Accounting
1.2K views

Two grams of musk oll are required for each bottle of Mink Caress, a very...

Accounting
1.2K views

Two new software projects are proposed to a young, start-up company. The Alpha project will...

Accounting
1.2K views

The company I am writing about is Office Depot/Max Write a one- to two-page paper...

Accounting
1.2K views

For each of the following situations involving single amounts, solve for the unknown. Assume that...

Accounting
1.2K views

On January 1, 2018 (Year 1), Champre Company purchased a delivery truck for $30,000. The...