Calculate your profit/loss in usd on tue and wed, Business Economics

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Calculate your profit/loss in usd on tue and wed

Losses/gains on a futures contract

You are long one CME Dec sterling future of contract size £62.500. Mon closing of the future was 1.8212 USD/GBP. On Tues, the price rose to 1.8289; on Wed the price changed to 1.8275. Calculate your profit/loss in USD on Tue and Wed.

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Business Economics: Calculate your profit/loss in usd on tue and wed

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Business Economics: Calculate your profit/loss in usd on tue and wed

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