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12. You have just deposited $17,500 into a new futures account. You have established the following positions: - Asset Qnt Entry Price In Man Initial
12. You have just deposited $17,500 into a new futures account. You have established the following positions: - Asset Qnt Entry Price In Man Initial Pos Tic Value Contract Contract Equity Unit Cash Balance $2,137 LCV20 2 107.65/cwt $1,350 $2,700 $.025/lb=$10 40,000 lbs CTV20 1 0.5637 $4,900 $4,900 1/100 cent = $5 50,000 lbs HGX20 1 3.025 $7,763 $7.763 $0.25/1b=$12.50 25,000 lbs The prices of the commodities have moved during the trading day so that COB (close of business) quotes are: + Contract High Low Close LCV20 112.525 111.025 112.525 CTV20 0.6416 0.6416 0.6416 HGX20 3.116 3.025 3.116 What is the new balance of the account when marked-to-market? O 12. You have just deposited $17,500 into a new futures account. You have established the following positions: - Asset Qnt Entry Price In Man Initial Pos Tic Value Contract Contract Equity Unit Cash Balance $2,137 LCV20 2 107.65/cwt $1,350 $2,700 $.025/lb=$10 40,000 lbs CTV20 1 0.5637 $4,900 $4,900 1/100 cent = $5 50,000 lbs HGX20 1 3.025 $7,763 $7.763 $0.25/1b=$12.50 25,000 lbs The prices of the commodities have moved during the trading day so that COB (close of business) quotes are: + Contract High Low Close LCV20 112.525 111.025 112.525 CTV20 0.6416 0.6416 0.6416 HGX20 3.116 3.025 3.116 What is the new balance of the account when marked-to-market? O
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