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Business, 16.11.2019 00:31 amcalfie

Jack hemmings bought a 3-month british pound futures contract for $1.4400/£ only to see the dollar appreciate to a value of $1.4250 at which time he sold the pound futures. if each pound futures contract is for an amount of £62,500, how much money did jack gain or lose from his speculation with pound futures?

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Jack hemmings bought a 3-month british pound futures contract for $1.4400/£ only to see the dollar a...
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