Answer:
$150
Explanation:
Calculation to determine How much does the investor gain or lose if the oil price at the end of the contract equals $14.0
Using this formula
Gain or Loss =(Futures price- Ending contract)*Contract size
Let plug in the formula
Gain or Loss=$15.5 per barrel- $14.0* 100 barrels
Gain or Loss=$1.5*100
Gain or Loss=$150
Therefore How much does the investor gain or lose if the oil price at the end of the contract equals $14.0 will be $150
