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

Question

1 Approved Answer

please show work, thanks! Suppose that each forward contract has a market value of $0 and a notional value of $100. There are three traders

image text in transcribedplease show work, thanks!

Suppose that each forward contract has a market value of $0 and a notional value of $100. There are three traders (A, B, and C). Over one day, the following trades occur: A long, B short, 22 contracts A long, C short, 16 contracts B long, C short, 8 contracts C long, A short, 10 contracts . If these are the only trades that occur, what is the open interest? a. O contracts b. 56 contracts c. 28 contracts d. 36 contracts e. 25 contracts

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_2

Step: 3

blur-text-image_3

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

Developments In Entrepreneurial Finance And Technology

Developments In Entrepreneurial Finance And Technology

Authors: David B. Audretsch, Maksim Belitski, Nada Rejeb, Rosa Caiazza

1st Edition

1800884338,1800884346

More Books

Students also viewed these Finance questions

Question

★★★★★
Two bumper cars in an amusement park ride collide elastically as one approaches the other directly from the rear (Fig. 7-34). Car A has a mass of 450 kg and car B 550kg, owing to differences in...

Answered: 1 week ago

Question

★★★★★
10:59 Homework: Ch 1 Study Resources S Score: 0.01 of 1 pt 4 of 6 (4 complete) HW Score: 78.66%, 11.01 of 1 TIF1-4 (book/static) Assigned Media Question Help 17. Using the information provided...

Answered: 1 week ago

Question

★★★★★
A perfectly competitive firm in short-run competitive equilibrium must also be in long-run competitive equilibrium. Do you agree? Explain.

Answered: 1 week ago

Question

★★★★★
A university cafeteria line in the student center is a self-serve facility in which students select the food items they want and then form a single line to pay the cashier. Students arrive at a rate...

Answered: 1 week ago

Question

★★★★★
If an asset can be sold easily for its true value, the asset is considered to be: Select one: a. risky b. leveraged c. retained d. liquid

Answered: 1 week ago

Question

★★★★★
Compete in the House Prices: Advanced Regression TechniquesLinks to an external site. competition, where you will predict house prices in Ames, Iowa ( SalePrice ) . You will be required to submit...

Answered: 1 week ago

Question

★★★★★
Write a continuation-passing version revc of the list reversal function rev: The resulting function revc should have type a list -> (a list -> a list) -> a list or a more general type such as a list...

Answered: 1 week ago

Question

★★★★★
se 6.3 Calculating Insurance Math Mary Mandlebaum is a PAR provider in Medicare and in Mountville Health Plan, which has allowed charges ervices and does not permit balance billing of plan members....

Answered: 1 week ago

Question

★★★★★
Tort damage awards increased significantly in a state. At the close of the latest session, the state's legislature passed a tort reform proposal that capped court awards for pain and suffering. The...

Answered: 1 week ago

Question

★★★★★
A proposed network of irrigation canals is described in the accompanying diagram. At peak demand, the flows at interchanges A, B, C, and D are as shown. - fi 20 B 3 55 A f2 f4 D 20 fs 0 15 1. Find...

Answered: 1 week ago

Question

★★★★★
Beth has devoted this afternoon's meeting agenda to reviewing software and hardware requirements for a team she is forming to be able to communicate across various offices. This meeting, then is part...

Answered: 1 week ago

Previous Question Next Question