Question
1. 30. A contract holder withdrew $ 14,000 (market value) from a contract that had a market value of $40,000 and a guaranteed amount of
1. 30. A contract holder withdrew $ 14,000 (market value) from a contract that had a market value of $40,000 and a guaranteed amount of $30,000. The contract had been in place for 8 years. What is the new guaranteed amount after the withdrawal?
a) $14,000
b) $16,000
c) $19,500
d) $24,000
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
