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I will upvote right away if answered correctly. Assume you $18,567 in equity in your account, including a long position of 7 contracts of December

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I will upvote right away if answered correctly.

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? Question 12 4 pts What is the hedge ratio for a jeweler trying to hedge inventory of 235 troy ounces of rhodium, assuming that she uses palladium futures as a hedge. Assume that the is .859 and the for palladium is .2376 and the for rhodium is .5730

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