Question
A company enters into a short futures contract to buy 1,000 units of a commodity for $20 per unit. The initial margin is $6,000 and
A company enters into a short futures contract to buy 1,000 units of a commodity for $20 per unit. The initial margin is $6,000 and the maintenance margin is $4,000. What futures price will allow $2,000 to be withdrawn from the margin account?
| $18 | ||
| $22 | ||
| $20 | ||
| $16 |
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Routledge Handbook Of Financial Technology And Law
Authors: Iris Chiu, Gudula Deipenbrock
1st Edition
0367344149, 978-0367344146
