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Q5:1 complete the following table Rima purchased a futures contract with the following specifications Commodity: Oil Price: $ 60 per barrel Period: 6 months Initial
Q5:1 complete the following table Rima purchased a futures contract with the following specifications Commodity: Oil Price: $ 60 per barrel Period: 6 months Initial margin: $ 18,000 Margin of protection: $ 13,000 a Margin Profit/ loss Closing price the month (-) Withdrawal (+) Deposit 0 0 60 1 18000 ???? ??? 3000- 64 2 0 59 3 4000 ???? ????? ???? ??? 60 4 0 ??????? ??? 57 5 -4000 6000 63 20000 6
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