Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

Losses/gains on a futures contract

You are long one CME Dec sterling future of contract size £62.500. Mon closing of the future was 1.8212 USD/GBP. On Tues, the price rose to 1.8289; on Wed the price changed to 1.8275. find out your profit/loss in USD on Tue and Wed.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M928730

Have any Question? 


Related Questions in Business Economics

The worlds price of zinc had increase to the point where

The worlds price of zinc had increase to the point where mothballed zinc mines in east Tennessee have been reopened because of their potential profitability. What is estimated annual profit for a mine producing 20,000 to ...

From california to new york legislative bodies across the

From California to New York, legislative bodies across the US are considering eliminating or reducing the surcharges that banks impose on non-customers who make $12 million in withdrawals from other banks’ ATMs. On avera ...

Klingon widgets inc purchased new cloaking machinery three

Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $8 million. The machinery can be sold to the Romulans today for $6.7 million. Klingon’s current balance sheet shows net fixed assets of $3.1 mil ...

Defining managerial economics by reffering two economists

Defining managerial economics by reffering two economists, using the positive approach. discuss by using specific examples the purpose of economic analysis and use of economic model.

1 if you are assigned the responsibility of investigating

1. If you are assigned the responsibility of investigating the feasibility of drilling an infill well in a mature field, state the essential data you will collect. What are the criteria? What alternatives would you consi ...

Why is it that when you have a trade deficit saving is less

Why is it that when you have a trade deficit saving is less than investment. S-I=NX. A trade deficit just means you bought more products from foreign sellers than you sold to them. So is a trade deficit even a bad thing? ...

A profit maximizing monopolist faces a downward sloping

A profit maximizing monopolist faces a downward sloping demand curve with price elasticity of demand equal to -5. Based on this information we can infer that the monopolist will charge a price that is: A) 25% higher than ...

Mortgages increase the risk faced by homeowners a explain

Mortgages increase the risk faced by homeowners. a) Explain how. The mortgage is leverage for the homeowner, and leverage increase risk. b. What happens to the homeowner’s risk as the down payment on the house rises from ...

Explain briefly how each of the following transactions

Explain briefly how each of the following transactions would affect a company's balance sheet. (Remember that assets must equal liabilities plus owners' equity before and after the transaction.) a. Sale of used equipment ...

Hmpton corporation balance sheet december 31 2011 cash

HAMPTON CORPORATION Balance Sheet December 31, 2011 Cash $ 24,600 Accounts payable $ 25,600 Accounts receivable 45,500 Common stock ($10 par) 80,000 Allowance for doubtful Retained earnings 127,400 accounts (1,500) $233, ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate