Easy corp shares are trading at 625 per share and the, Financial Management

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Easy corp shares are trading at 625 per share and the

On February 2, 2017 when a share of Easy Corp is available in the public market for $5 a share, X (in the long position) agrees to purchase 10 shares of Easy Corp from Y (in the short position) for $60 (the forward price, representing $6 per share on December 15, 2017. If on December 15, 2017, Easy Corp shares are trading at $6.25 per share, and the parties agree to cash settle the forward contract, what would X or Y receive?

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Financial Management: Easy corp shares are trading at 625 per share and the

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