Assuming That There Are No Brokerage Fees, a Trader Who

question 105

Multiple Choice

Assuming that there are no brokerage fees, a trader who entered a short BAB futures position at 95.30 and later closed-out at 94.70:

• A)will earn a profit of $0.60 per contract
• B)will make a loss of $0.60 per contract
• C)will earn a profit of $1443.64 per contract
• D)will make a loss of $1443.64 per contract.
• E)None of these are correct.

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