What is the investors overall profit and loss

Assignment Help Financial Management

Reference no: EM13724268

On Dec 31 an investor longs 18 contracts of Gold with a settlement price of 1185.40

On Jan 31 he shorts 12 future contracts with a settlement price of 1280

Finally he closes his position on Feb 28 with a settlement price of 1205.70

What is the investors overall profit/loss? The contract size is 100 troy oz

Reference no: EM13724268

Questions Cloud

Were the same business drivers discussed : Present a brief side-by-side comparison of MacDonald’s MD&A of 2013 to that of 2012. Were the same business drivers discussed? Were they assigned the same importance by management? Discuss any variations you observed, and the possible reasons for man..

Rate of return and standard deviation of the portfolio : Suppose that a person won the Florida lottery and was offered a choice of two prizes: (1) $500,000 or (2) a coin-toss gamble in which he or she would get $1 million if a head were flipped and zero if a tail. Construct an equal Construct an equal-weig..

The tax shield from the amortization of flotation costs : Suppose a company will issue new 25-year debt with a par value of $1,000 and a coupon rate of 10%, paid annually. The tax rate is 35%. If the flotation cost is 5% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shiel..

Leadership impacted ethical decisions : Watch the "Countrywide financial fraud" video. Describe how leadership impacted ethical decisions in Countrywide Financial, particularly in reference to the "Friends of Angelo" program. What are the societal and stakeholder implications?

What is the investors overall profit and loss : On Dec 31 an investor longs 18 contracts of Gold with a settlement price of 1185.40. What is the investors overall profit/loss? The contract size is 100 troy oz

Identify a new service a new product and a marketing idea : Identify a new service, a new product, a marketing idea or a sustainability idea that you think they should develop

What is EAR implied in each option : Suppose you plan to borrow $10000 from the bank and have two options to pay back: What is EAR implied in each option? Which one do you prefer and explain why?

Metropolis health systems laboratory director expects : Metropolis Health Systems’ Laboratory Director expects to purchase a new piece of equipment. Compute the Unadjusted Rate of Return using the original investment amount.

What date is the end of the credit period for this invoice : Luggage World buys briefcases with an invoice date September28. The terms of sale are 2/10 EOM. What date is the end of the credit period for this invoice?

User Account

All Pages