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9. Your futures account had equity of $20,000.00 at the start. Given the following positions, what is the account's CURRENT equity balance? POSITIO NS Dec
9. Your futures account had equity of $20,000.00 at the start. Given the following positions, what is the account's CURRENT equity balance? POSITIO NS Dec Corn 7070 Nov Crude CLX2 Dec Copper HGZ2 Cash TOTAL QT Y 2 -1 -1 QTY/ CONTRA CT 5000 Bu 1000 Barrels 25,000 Lbs TIC VALUES c/Bu $ and / Barrel /Lb Cost Price 669'4 $87.94 $3.258 662'5 $81.61 $3.427 Initial Pr/ Equity Loss $5,000.00 $8,400.00 $5,000.00 $1,600.00 $20,000.00 ? ? ? ? ? Curren t Equity ? ? ? ? ?
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