Where mm stands for one million and british thermal units


For each contracts, please tell me if I made a profit or a loss. (contacts are from Nov 7th 2016 to Nov 18 2016).

Show calculations.

November 7th:

February Gold Futures: 1283.4

March 10-Year Treasury Notes: 129-9

January Natural Gas: 2.978

November 18th:

February Gold Futures: 1211.6

March 10-Year Treasury Notes: 124-28

January Natural Gas: 2.980

1) Feb 2017 CME Gold futures—100 ounces. Go short

2) March 2017 CBT 10 year Treasury Notes—$100,000 pts 32nds of 100%. Go short

3) January 2017 Natural Gas. Go Long—10,000 MMBtu. Go Long

Where "MM" stands for one million and British Thermal Units (BTU).

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Where mm stands for one million and british thermal units
Reference No:- TGS02142202

Expected delivery within 24 Hours