Half an hour ago you were made a price in USD/CAD of 1.5250-55 and sold USD 10 million. The price is now 1.5232-37 and you square your position. What is your profit or loss?

The correct answer is B. +CAD 13,000. See the full explanation below for the reasoning.

Question

Options

A+CAD 23,000
B+CAD 13,000
C+CAD 16,000
D-CAD 13,000

How the community answered

(15 responses)

A
7% (1)
B
73% (11)
C
13% (2)
D
7% (1)

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