Business, 02.09.2021 01:20 ste78

One orange juice future contract is on 15,000 pounds of frozen concentrate. Suppose that in September 2016 a company sells a March 2018 orange juice futures contract for 120 cents per pound. In December 2016, the futures price is 140 cents. In December 2017, the futures price is 110 cents. In February 2018, the futures price is 125 cents. The company has a December year end. What is the company's profit or loss on the contract

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One orange juice future contract is on 15,000 pounds of frozen concentrate. Suppose that in Septembe...

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