Carefully describe a futures contract.
Question:
Carefully describe a futures contract.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (15 reviews)
A futures contract is a commitment to buy or sell at a sp...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
The mining company produces 25,000 pounds of copper each month in its mining operations. To eliminate the price risk associated with copper sales, on December 1 of Year 1, the mining company entered...
-
A Treasury bond futures contract settles at 105-8. a. What is the present value of the futures contract? b. If the contract settles at 105-8, are current market interest rates higher or lower than...
-
1. Which of the following statements is false? a. A spot price is a price today for immediate delivery. b. If a Canadian firm has to pay U.S. dollars in the future, it worries about the potential...
-
A car manufacturer designs a fuel-efficient car for 1993. The company argues that the car can attain an average of 45 miles per gallon. The miles per gallon of the car follows a normal distribution...
-
1. Enablemarts founders created a board of advisors early in the life of the company. How might they have taken advantage of the advisors counsel when hiring their chairman? 2. Name at least three...
-
A hydroturbine is proposed for a dam with an estimated gross head of \(20.5 \mathrm{~m}\) and a flow rate of \(4.52 \mathrm{~m}^{3} / \mathrm{s}\). The generator is to turn at \(120 \mathrm{rpm}\)....
-
Fitch and Wall have been in partnership for many years sharing profits and losses in the ratio 5 : 3 respectively. The following was their balance sheet as at 31 December 2002. On 1 January 2003,...
-
Bandung Corporation began 2008 with a $92,000 balance in the Deferred Tax Liability account. At the end of 2008, the related cumulative temporary difference amounts to $350,000, and it will reverse...
-
Find the total area bounded by the graphs of y=x 3 +1 and y=x+1
-
Assume there is a well-defined geographic area of a city. The area is composed exclusively of apartments and is populated by low-income residents. The people who live in the area tend to stay in that...
-
What role does the options clearing corporation play in the options market?
-
What is meant by basis? When is the basis positive?
-
Nadal Inc. has two temporary differences at the end of 2008. The first difference stems from installment sales, and the second one results from the accrual of a loss contingency. Nadals accounting...
-
_____ proposes that employees are motivated when the ratio of their perceived outcomes to inputs is at least roughly equal to that of other referent individuals.
-
Hall Company had sales in 2010 of \(\$ 1,500,000\) on 60,000 units. Variable costs totaled \(\$ 720,000\), and fixed costs totaled \(\$ 400,000\). A new raw material is available that will decrease...
-
_____ is a higher-than-minimum, federally mandated wage, required for nonexempt employees if they work more than a certain number of hours in a week.
-
A business issued a 60-day, 12% note for $25,000 to a creditor on account. Illustrate the effects on the accounts and financial statements of (a) the issuance of thenote and (b) the payment of the...
-
_____ occurs when new employees require higher starting pay than the historical norm, causing narrowing of the pay gap between experienced and new employees.
-
Late in 2001, the founder and Chief Executive Officer (CEO) of Top-to-Toe, Joanne Dunne, announced the decision to open up distribution by using the device of house parties. The house party involves...
-
Dan and Diana file a joint return. Dan earned $31,000 during the year before losing his job. Diana received Social Security benefits of $5,000. a. Determine the taxable portion of the Social Security...
-
Discounts. What is the formula to determine the approximate annual interest cost for not taking a discount? When should discounts be taken?
-
Consider the credit spread, as reflected by the difference in rates between 10year Treasuries and corporate Baa bonds. In 2008, the spread widened to approximately 4 percent versus the average of...
-
Assume that Carl is optimistic about Intels prospects. Carl instructs his broker to buy a March call option on Intel at a strike price of $40. Assume that the stock price is $41.15, and the premium...
-
The Fed started raising shortterm interest rates in June 2004 and raised them 14 times through early 2006. When the raises started, the 10year Treasury note yielded about 4.6 percent. In midFebruary...
-
A company purchased a 1 0 - ton draw press at a cost of $ 1 7 8 , 0 0 0 with terms of 3 1 5 , n 4 5 . Payment was made within the discount period. Shipping costs were $ 4 , 9 0 0 , which included $ 2...
-
J - Mark Superstores provides the following selected financial data. J - Mark Superstores provides the following selected financial data. Calculate the return on investments ratio for 2 0 2 4 . Note:...
-
Required information Skip to question [ The following information applies to the questions displayed below. ] Preble Company manufactures one product. Its variable manufacturing overhead is applied...
Study smarter with the SolutionInn App