User Account

All Pages

What is wal gain-loss on the futures contract

Assignment Help Finance Basics
Reference no: EM133111885

Wal is a sheep farmer from out west. When he shears his flock in 3 months' time he will have approximately 9,000 kilograms of wool. The current price of the SFE Greasy Wool Futures 21 micron contract is $11.20 per kilogram for delivery in three months. Wal decides to sell four SFE Greasy Wool Futures 21 micron contracts at $11.20 per kilogram. What is Wal's gain/loss on the futures contract in dollar terms if in three months' time the price of wool is:

Reference no: EM133111885

Questions Cloud

Prepare journal entries for the loan : On July 15, 2020, Lynn's Pins (a local bowling alley) borrows $150000 from the Bank of Horrible Lending, Prepare journal entries for the loan
Significance of indifference point : Compute the EPS-EBIT indifference point when tax rate is 50%. Write a detailed note on the significance of indifference point.
What rate must Bank B pay for Derek : Derek can deposit $267.00 per month for the next 10 years into an account at Bank A. What rate must Bank B pay for Derek
Role of management accounting in business : Examine the key problems with traditional management accounting techniques when applied in a modern business environment
What is wal gain-loss on the futures contract : Wal is a sheep farmer from out west. When he shears his flock in 3 months' time he will have approximately 9,000 kilograms of wool. The current price of the SFE
What is the value today of receiving : Assume the real rate of interest is 4.00% and the inflation rate is 2.00%. What is the value today of receiving 11,002.00 in 7.00 years
Discuss how the stock for your company is trending : Discuss how the stock for your company is trending. Explain why the stock is in either an uptrend or downtrend.
How does the fisher effect affect the bond valuation : How does the Fisher Effect affect the bond valuation, stock valuation, and capital budgeting?
Compute the intrinsic value of lee corp : ABC Corp., which is a small cap company with a stock beta of 1.2, is expected to experience a transitory turnaround period during which its dividends are expect

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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