Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you took a long position on a silver futures contr

You took a long position on a silver futures contract at a futures price of...

50.1K

Verified Solution

Question

Finance

image
You took a long position on a silver futures contract at a futures price of $17.2 per troy ounce. What is your profit per troy ounce if the spot price of silver is $19.4 at contract expiration? Enter your answer without the dollar sign. Your

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

Basic Math
1.2K views

The distribution of weights for 12 month old baby girls in the US is approximately normal...

Biology
1.2K views

Which characteristic of SARS-Cov-2--the virus that causes COVID-19-- make it more susceptible to be inactivated...

Biology
1.2K views

Select the correct answer For their summer holiday Jane and her family are visiting places...

Physics
1.2K views

A fixed sphere of radius R and uniform mass density d has a cavity of...

Calculus
1.2K views

Find f a f a h and the difference quotient for the function given below...

Calculus
1.2K views

Evaluate the limit If the limit does not exist type DNE 3 8 lim 8...

Calculus
1.2K views

Let h x fog x x 1 4 Find f x given g x x...

Calculus
1.2K views

3 A motorcycle accelerates at a constant rate from 0 km h to 105 km...

Accounting
1.2K views

points Save Answer The costs of goods purchased will be the same under the different...

Accounting
1.2K views

Suomit test A company reports net accounts receivable of $253,000 on its December 31,2026,...

Accounting
1.2K views

The current audit report format has been in place for a long time. There has...

Finance
1.2K views

If you are willing to pay $26,247.00 today to receive a perpetuity with the first...