*Parter Finance .px x *Reading Matcrio x E Debt Securitizati x Reading Material X Reading Material x Insurance Busine X Mutual Fund Bus X Term Ill End TX + C > o O File | C:/Users/LENOVO/Downloads/Term%.201||_End%20Term.pdf La Not syncing 59 of 67 o CD Page view A Read aloud 0 Ackl lex! financial 13/16 56 o 2.2. Two commodity market speculators-one bullish and one bearish- choose to take opposite positions of 3 kg in April at *48000 per 10 grams. Both maintain accounts at Sun Brokerage Limited that allow them to trade at minimum margins. Both would be required to put up 720000 as initial cash margin to open their positions. Traders are aware that the exchange also set 600000 as the maintenance requirement for their contracts. The minimum lot for gold is 1 kg meaning each of the speculator has bought/sold 3 contracts. Considering that gold prices fluctuates, any adverse price movement will put one of the speculators into margin call territory. Calculate how much each of the speculators have to deposit/can withdraw if April aluminium prices (a) rises to 49250 per 10 grams, (b) crashes to 46500 per 10 grams respectively and the funds speculators need to bring to meet the margin requirements, if any. (1 kg= 1000 grams). 10 3.1. Assume an investor requires to pay 98.75 for a 91-day T-bill with 100 par value. 6 The annualized yield will be... Calculate the yield if the T Bill is traded at Rs.98.96 after 18 days. 3.2. Sun Asset Reconstruction Company (SARC) plans to sell three-year bonds with face value of 3 450 million at issue price of 64% of face value, in lieu of portfolio of debt acquired under debt resolution arrangement. 9 What type of bond the SARC is selling and why? Give reasons. Calculate the amount SARC will receive upfront and the yield on the bond. Describe how SARC will record the transactions in its balance sheet, the statement of profit and loss account and the statement of cash flows right from the time of issuance, until redemption of bonds on maturity. 87"F Haze w 1053 PM 4/23/2022 *Parter Finance .px x *Reading Matcrio x E Debt Securitizati x Reading Material X Reading Material x Insurance Busine X Mutual Fund Bus X Term Ill End TX + C > o O File | C:/Users/LENOVO/Downloads/Term%.201||_End%20Term.pdf La Not syncing 59 of 67 o CD Page view A Read aloud 0 Ackl lex! financial 13/16 56 o 2.2. Two commodity market speculators-one bullish and one bearish- choose to take opposite positions of 3 kg in April at *48000 per 10 grams. Both maintain accounts at Sun Brokerage Limited that allow them to trade at minimum margins. Both would be required to put up 720000 as initial cash margin to open their positions. Traders are aware that the exchange also set 600000 as the maintenance requirement for their contracts. The minimum lot for gold is 1 kg meaning each of the speculator has bought/sold 3 contracts. Considering that gold prices fluctuates, any adverse price movement will put one of the speculators into margin call territory. Calculate how much each of the speculators have to deposit/can withdraw if April aluminium prices (a) rises to 49250 per 10 grams, (b) crashes to 46500 per 10 grams respectively and the funds speculators need to bring to meet the margin requirements, if any. (1 kg= 1000 grams). 10 3.1. Assume an investor requires to pay 98.75 for a 91-day T-bill with 100 par value. 6 The annualized yield will be... Calculate the yield if the T Bill is traded at Rs.98.96 after 18 days. 3.2. Sun Asset Reconstruction Company (SARC) plans to sell three-year bonds with face value of 3 450 million at issue price of 64% of face value, in lieu of portfolio of debt acquired under debt resolution arrangement. 9 What type of bond the SARC is selling and why? Give reasons. Calculate the amount SARC will receive upfront and the yield on the bond. Describe how SARC will record the transactions in its balance sheet, the statement of profit and loss account and the statement of cash flows right from the time of issuance, until redemption of bonds on maturity. 87"F Haze w 1053 PM 4/23/2022
