Problemyou entered into a short silver forward contract, Ask an Expert

Finance

Problem:

You entered into a short silver forward contract months ago, where you agreed to sell 500 ounces of silver at $20 per ounce at the end of the year. At maturity, the silver price becomes $16.01 per ounce.

Task:

Question: Calculate the payoff. If negative, report a minus number. Please show your all workings.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146301

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