FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please complete the changes to your daily margin account if you had a LONG POSITION. What is the gain or loss after 3 days on

image text in transcribed

Please complete the changes to your daily margin account if you had a LONG POSITION. What is the gain or loss after 3 days on the LONG POSITION? CME YEN FUTURES CONTRACT SIZE YEN 12,500,000 MARGIN ACCOUNT USD 2000 USD/Y100 0.8011 SHORT POSITION (SELL) USD/YEN100 CHANGE BALANCE day 1 0.8057 -575 1425 day 2 0.7996 762.5 2187.5 day 3 0.7985 137.5 2325 GAIN/LOSS 325 12500000 CME YEN FUTURES CONTRACT SIZE YEN MARGIN ACCOUNT USD 2000 USD/Y100 0.8011 LONG POSITION (BUY) USD/YEN100 CHANGE BALANCE day 1 0.8057 ? ? day 2 0.7996 ? ? day 3 0.7985 ? ? GAIN/LOSS ? Please complete the changes to your daily margin account if you had a LONG POSITION. What is the gain or loss after 3 days on the LONG POSITION? CME YEN FUTURES CONTRACT SIZE YEN 12,500,000 MARGIN ACCOUNT USD 2000 USD/Y100 0.8011 SHORT POSITION (SELL) USD/YEN100 CHANGE BALANCE day 1 0.8057 -575 1425 day 2 0.7996 762.5 2187.5 day 3 0.7985 137.5 2325 GAIN/LOSS 325 12500000 CME YEN FUTURES CONTRACT SIZE YEN MARGIN ACCOUNT USD 2000 USD/Y100 0.8011 LONG POSITION (BUY) USD/YEN100 CHANGE BALANCE day 1 0.8057 ? ? day 2 0.7996 ? ? day 3 0.7985 ? ? GAIN/LOSS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance Administration

Public Finance Administration

Authors: B. J. Reed, John W. Swain

2nd Edition

0803974051, 978-0803974050

More Books

Students also viewed these Finance questions

Question

★★★★★
With a focus on security, what are the problems of WLANs? What level of security can WLANs provide, what is needed additionally and how far do the standards go?

Answered: 1 week ago

Question

★★★★★
=+life of five years and no residual value. In the past, all equipment has been leased. For tax purposes, Mike is considering depreciating the equipment by the straight-line method. He discussed the...

Answered: 1 week ago

Question

★★★★★
=+ (b) Show that, if A*(E) > 0, then E contains a nonmeasurable subset.

Answered: 1 week ago

Question

★★★★★
Barley Restaurant Supply sells various equipment and supplies to restaurants in the local and surrounding communities. The companys controller, Barry Barley, has requested your help in preparing a...

Answered: 1 week ago

Question

★★★★★
16. The financial statements of Juniper Company appear below JUNIPER COMPANY Comparative Balance Sheet December 31 Assets Accourts receivable Merchandise inventory Property, plant, and equipment...

Answered: 1 week ago

Question

★★★★★
1. [40 marks) Tim has preferences over consumption in period 0 and 1 of the form U{x, v) = 3:13;, where x and v are Tim's consumption in period 0 and 1 respectively. He has $15,000 in the bank now...

Answered: 1 week ago

Question

★★★★★
Consider an isolated system of two identical electric dipoles as in Figure P25.6. For which orientation is the electric potential energy smaller? Data from Figure P25.6 (a) (b)

Answered: 1 week ago

Question

★★★★★
Does the light bulb in Figure P31.92 light up? Why or why not? Data from Figure P31.92 +

Answered: 1 week ago

Question

★★★★★
Compute the matrix exponential e At for each system x' = Ax given in Problems 9 through 20. x' 1 = 4x 1 + 2x 2 , x' 2 = 2x 1 + 4x 2 Data in Problem 9 through 20 9. x = 5x14x2, x = 2x1-x2 x = 4x14x2...

Answered: 1 week ago

Question

★★★★★
Compute the matrix exponential e At for each system x' = Ax given in Problems 9 through 20. x' 1 = 9x 1 - 8x 2 , x' 2 = 6x 1 - 5x 2 Data in Problem 9 through 20 9. x = 5x14x2, x = 2x1-x2 x = 4x14x2...

Answered: 1 week ago

Question

★★★★★
An object \(20 \mathrm{~mm}\) tall is placed \(70 \mathrm{~mm}\) to the left of a converging lens that has a focal length of \(100 \mathrm{~mm}\). (a) Draw a scale diagram showing the three principal...

Answered: 1 week ago

Question

★★★★★
Comprehend the trade-offs among the various approaches to designing jobs. page 175

Answered: 1 week ago

Question

★★★★★
Discuss the roles, responsibilities, and requirements of the federal agencies responsible for enforcing equal employment opportunity laws. page 111

Answered: 1 week ago

Question

★★★★★
Choose the right job analysis technique for a variety of human resource activities. page 165

Answered: 1 week ago

Previous Question Next Question