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I need the true answer please, I'm gonna give u with nice comment.thnx Assume you $18,567 in equity in your account, including a long position
I need the true answer please, I'm gonna give u with nice comment.thnx
Assume you $18,567 in equity in your account, including a long position of 7 contracts of December wheat purchased at 487.4 cents per bushel. At close today, it was quoted at 527.3 cents per bushel. If these are standard contracts ( 5000 bushels), what is the new equity balance in the account, after it was marked-to-market Step by Step Solution
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