You purchased two July futures contracts on silver when the price quote was 529.6.

Given today's prices as shown in the table, you have a total profit (loss) to date of:

A) $804
B) $2,804
C) $4,020
D) $4,804
E) $8,040

Question

You purchased two July futures contracts on silver when the price quote was 529.6.

Given today's prices as shown in the table, you have a total profit (loss) to date of:

A) $804 
B) $2,804 
C) $4,020 
D) $4,804 
E) $8,040

Quizplus · Accepted Answer

The Answer of You purchased two July futures contracts on silver when the price quote was 529.6.

Given today's prices as shown in the table, you have a total profit (loss) to date of:

A) $804 
B) $2,804 
C) $4,020 
D) $4,804 
E) $8,040

You Purchased Two July Futures Contracts on Silver When the Price