Question 22

Feel free to use the internet to answer this question: What is the maintenance margin on the November 2022 Gold futures contract (CMEGroup)?

Group of answer choices

$5,000

$6,500

$7,500

$8,000

$5,700

Question 21

Assume an asset is priced at $2,000. If the risk free rate is 7.00%, storage costs for the asset are $25 payable in arrears (in one year), and the asset pays a $30 dividend in 6-months, what should a one year forward be priced at (assume annualized compounding) ?

Group of answer choices

$2,197.78

$2,196.03

$2,133.97

$2,110

$2,100