Suppose you buy an asset at $70 and sell a futures contract at $72.What is your profit if,prior to expiration,you sell the asset at $75 and the futures price is $78?
A)-$1
B)$2
C)$1
D)-$6
E)none of the above

Question

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The Answer of Suppose you buy an asset at $70 and sell a futures contract at $72.What is your profit if,prior to expiration,you sell the asset at $75 and the futures price is $78?
A)-$1
B)$2
C)$1
D)-$6
E)none of the above

Suppose You Buy an Asset at $70 and Sell a Futures