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A Brazilian Real futures contract has an initial performance bond of $1,430 and maintenance margin (performance bond) of $1,000. The balance in the account at
- A Brazilian Real futures contract has an initial performance bond of $1,430 and maintenance margin (performance bond) of $1,000. The balance in the account at the end of the day is $965. How much has to be deposited in the account?
- Your company has a 195,000 Brazilian Real payable. You can buy or sell future contracts in multiples of 100,000 Real. Are you more likely to over-hedge or under-hedge? Briefly explain why.
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Shareholder Empowerment A New Era In Corporate Governance
Authors: Maria Goranova, Lori Verstegen Ryan
1st Edition
1137376449,1137373938
