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Consider the "Cash and Carry Trade" Where You Sell (Or

Question 10

Multiple Choice

Consider the "cash and carry trade" where you sell (or take a short position in) the futures contract, purchase Asset XYZ, and borrow until the settlement date. In computing the "profit," which of the below statements is TRUE?


A) Profit = Total proceeds - Total outlay
B) Profit = F + yP + (P - rP)
C) Profit = Total outlay - Total proceeds
D) Profit = P + yP - (P + rF)

Correct Answer:

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