On dec 31 an investor longs 18 contracts of gold with a, Financial Management

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On dec 31 an investor longs 18 contracts of gold with a

On Dec 31 an investor longs 18 contracts of Gold with a settlement price of 1185.40

On Jan 31 he shorts 12 future contracts with a settlement price of 1280

Finally he closes his position on Feb 28 with a settlement price of 1205.70

What is the investors overall profit/loss? The contract size is 100 troy oz

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Financial Management: On dec 31 an investor longs 18 contracts of gold with a

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Financial Management: On dec 31 an investor longs 18 contracts of gold with a

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