FIN402_-_SU_2024_-_FE_2263.webp

Kizspy | Question: 15
(Choose 1 answer)
(24913)Suppose you buy an asset at $50 and sell a futures contract at $53. What is your profit at expiration if the asset price goes to $49? (Ignore carrying costs)
A. -$1
B. -$4
C. $3
D. $4
E. none of these