Chapter 22 - Hedges, Speculation, and Arbitrage
337 At the bottom of Table 22-1 the net position is $210,000. not $410,000.
343 At the bottom of Table 22-5 we have a profit of $50 not a loss of ($50)
344 At the bottom of Table 22-7 we have a loss of $2,475. not a profit of $2,475
347 The arbitrage equation should read
-100 P + $1,800 + $60,200 + $3,010 = 0 (breakeven)
100 P = $65,010
P = $650.10
351 Your broker will lend you copper for $300 per 10,000 pounds per month. (not $10,000)