Business
Business, 12.02.2020 04:16, zel990252

A trader sold short a cotton futures contract @ 76.12 cents per pound. The contract size is 50,000 pounds. How much does the trader gain or lose in DOLLARS if he closed out his contract when the futures price is 72.41 cents per pound? Keep zero decimal points. If it is a loss, please enter a negative number.

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Answers: 3

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A trader sold short a cotton futures contract @ 76.12 cents per pound. The contract size is 50,000 p...

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