You are a speculator who entered a long position in bab


Problem

You are a speculator who entered a long position in BAB futures when their value was $967115.43. Market prices have since changed to 85.78 and you have decided to close out your position. Calculate your profit or loss.

Solution Preview :

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Accounting Basics: You are a speculator who entered a long position in bab
Reference No:- TGS02589457

Now Priced at $15 (50% Discount)

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