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.
Correct Answer:
Verified
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