1. If you earn 2% APR (compounded annually) on your investments, how much do you have to invest today to “Fund” a payment of $400 due in 3 years?
2. If the current market price looks too low, what order you will place to enter on the short side at a higher price?
3. If the current market price looks too expensive, what order you will place to enter on the long side at a lower price?