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A company has derivatives transactions with Banks A, B, and C which are worth +$25 million, -$15 million, and - $20 million, respectively to the
A company has derivatives transactions with Banks A, B, and C which are worth +$25 million, -$15 million, and - $20 million, respectively to the company. How much margin or collateral does the company have to provide in the following situation? The transactions are cleared bilaterally and are subject to one-way collateral agreements where the company posts variation margin, but no initial margin. The banks do not have to post collateral. Report your answer in millions without the dollar sign
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