1 out of 1 points
On 6/5/2014, an investor buys 7 gold futures contracts, when the futures price is
$1,400 per ounce. The contract size is 100 ounces.
The next day, the futures price becomes $1,401.20. Calculate the daily gain.
1. Which of the following statements is most CORRECT?
a. If a company that produces military equipment merges with a company that manages a
chain of motels, this is an example of a horizontal merger.
b. A defensive merger is one where the firm