Question
Section 2 Calculations. 5pt each part, 50 pts total. Show your work, no work = 0 pt! Do not round your work. Yesterday, you entered
Section 2 Calculations. 5pt each part, 50 pts total. Show your work, no work = 0 pt! Do not round your work.
Yesterday, you entered into a futures contract to sell one contract of Australian dollars (AUD) at $0.7575 per AUD. Your initial performance bond is $1,500 and your maintenance level is $1,250.
7) At what settle price, $____= AUD1, will you get a demand for additional funds to be posted, round to 4 decimal places?
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Overcoming Debt Achieving Financial Freedom
Authors: Cindy Zuniga-Sanchez
1st Edition
1119902320, 978-1119902324
