User Account

All Pages

Calculate adam profit-loss

Assignment Help Basic Computer Science
Reference no: EM132293163

In February 2019, Adam longed six December futures contracts on wheat at $8.2/bu, where the size of one contract is 5000 bushels. Later in August 2019, he entered into a short position on three November futures contracts on corn for $8.28/bu. In September 2019 he shorts six November futures contracts on wheat for $8.32/bu and finally in October 2019, he longs three December futures contracts on corn for $8.34/bu.

  1. Does Adam need to deliver or collect any commodity at the end of the year (i.e., at maturity of those futures contracts)? Why or why not?
  2. Calculate Adam's profit/loss from his position in the corn futures?
  3. Calculate Adam's profit/loss from his position in the wheat futures?
  4. Given the following information, does Adam need to buy any commodity from the spot market to fulfill his obligations in the futures contracts? Why or why not?

Reference no: EM132293163

Questions Cloud

Small toy manufacturer makes stuffed animals : A small toy manufacturer makes stuffed animals. The steps are cutting, sewing, stuffing, packing, and labeling.
Underwriting and flotation expenses : The Beranek Company, whose stock price is now $40, needs to raise $16 million in common stock. Underwriters have informed the firm
Describe the emotional and intellectual challenges : Explain why it is important to have a curriculum in art that accommodates diverse learners. Then, give an example of an activity for children with each.
Best describes the ownership of hardware house : Doug Datner had an eclectic background. Which of the following best describes the ownership of Hardware House?
Calculate adam profit-loss : Does Adam need to deliver or collect any commodity at the end of the year (i.e., at maturity of those futures contracts)? Why or why not?
Define where the ingredients are acquired : One of the educational goals at PCC is to help students become more conscientious citizens who understand the importance of sustainable lifestyle choices.
What is the accumulated depreciation after 3 years : If the asset has a useful life of 5 years, what is the accumulated depreciation after 3 years?
Impact of leveling within slack on sensitivity of network : In project management, what is impact of leveling within slack on sensitivity of the network?
What are the proceeds after converting to swiss francs : What are the proceeds after converting to Swiss francs? (Don't round intermediate calculations. Round your final answer to nearest Swiss franc)

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Describing use of request for information

Describe in scholarly detail how you would utilize RFI (Request For Information) procedures to recognize potential vendors in the acquisition process, and RFQ.

  How do ordinary and smoothed bootstrap distributions differ

In Section 3.3, we performed a permutation test to determine if men and women consumed, on average, different amounts of hot wings.

  Research options for improving the current use of tcp/ip

Research options for improving the current use of TCP/IP and recommend new software and equipment that's available.

  Please search using keywords

Find an article, which discusses recent changes in the price of crude oil. In one full page, discuss the reasons stated in the article.

  Application-request for proposal

As you have seen throughout this week, the requirements document is an important part of IT planning, regardless of the strategy you are going to employ. This week, you will create a plan for developing a request for proposal document, which relie..

  Calculate the cost and schedule variances

For each activity, which of the following could be the root cause reason for the variances? Select as many as you think may apply.

  Description of the procedural steps

Describe the steps you took to use each function. Explain when each function would be useful. Submit a copy of original document and amended document you created together with your description of the procedural steps you took (saved as one file).

  Describe the weaknesses of facebook’s privacy policies

Describe the weaknesses of Facebook's privacy policies and features. What people, organization, and technology factors have contributed to those weaknesses?

  Explain why you think the federal reserve bank

Explain why you think the Federal Reserve Bank tracks M1 and M2.

  Screening markets and sites

Mention in detail, the steps involved in screening markets and sites with respect to tourism sector in U.A.E also discuss the market potencial indicators.

  What is portfolio expected return

Based on your risk tolerance, you decide to invest 35% of the portfolio in the municipal bond fund, and the rest in the stock fund.

  Address by default what could be wrong

1. If the network control center does not see an assigned ip address by default what could be wrong (step 27)?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd