When an investor buys a long CFD with a contract size of 1,000 at $90 per share
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When an investor buys a long CFD with a contract size of 1,000 at $90 per share and the margin deposit required to be paid is 10 percent, then what is the leverage amount that is being financed to the investor?
a. $90,000
b. $9,000
c. $99,000
d. $81,000
e. $8,100
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Related Book For
Accounting For Investments Equities Futures And Options Volume 1
ISBN: 9780470824313
1st Edition
Authors: R. Venkata Subramani
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