Mark-to-market P&L

You are long 100 shares bought at $50; the price is now $52. What is your mark-to-market profit (in dollars)?

Show hints (2)+
  1. Multiply position by the price move.
  2. $100\cdot(52-50)$.

Answer

Reveal answer →

200

Want the full step-by-step worked solution? It's part of Premium — along with a worked solution for every question in the bank.

Asked at: IMC, Flow Traders

Related questions