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标题: question on gain on asset in the forwards section [打印本页]

作者: BC_MBA_student    时间: 2011-7-11 19:37     标题: question on gain on asset in the forwards section

volume 6 (derivatives) q.4 (d) page 50.
It might be a silly question but I put it on the forum because I think I got stuck.
I don't understand where the "gain on the asset" of $225-$190 comes from. I mean, the guy didn't purchase any asset at time 0, so how is this gain possible?




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