Multiple Choice
You own one futures contract on gold that you purchased at a quoted price of 948.4.The current price quote is 1008.8.The contract size is 100 ounces and the quotes are expressed in dollars and cents per ounce.What is your current profit or loss on this investment?
A) $30.40
B) $912.00
C) $3,040.00
D) $6,040.00
E) $9,120.00
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Which one of the following is classified
Q12: Use these option quotes to answer this
Q18: The amount of money per share that
Q30: Preferred stock:<br>A) represents the residual ownership of
Q33: If you want the right, but not
Q64: What was the previous day's closing price
Q65: Josh owns 200 shares of Chelsea stock.What
Q71: Use the following stock quotes to answer
Q74: You purchased six put option contracts with
Q83: You bought five call option contracts with