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

Question

1 Approved Answer

Suppose that you enter into a short futures contract to sel July Silver for $1695 per Ounce. The site of the contract is 5,000 ounces

image text in transcribed
Suppose that you enter into a short futures contract to sel July Silver for $1695 per Ounce. The site of the contract is 5,000 ounces The margin is 54 900, and the maintenance margin is $3.091 What is the futures price for siver above which there will be a margin call

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

Personal Finance Terms Financial Education Is Your Best Investment

Personal Finance Terms Financial Education Is Your Best Investment

Authors: Thomas Herold

1st Edition

1090822871, 978-1090822871

More Books

Students also viewed these Finance questions

Question

★★★★★
For the following, round results to three decimal places. a. Find the value of the population standard deviation s. b. Table describes the sampling distribution of the sample mean. Construct a...

Answered: 1 week ago

Question

★★★★★
2. The frame shown in Fig. 1 has an interface in it, in which a thread loop is floating. If a drop of surfactant is put in region A, what will be the shape of the thread loop? Explain. Figure 1:...

Answered: 1 week ago

Question

★★★★★
T F Peanut Butter written on a plain white wrapper is an example of a generic product.

Answered: 1 week ago

Question

★★★★★
Liquid flow out of a spherical tank discharging through a valve can be described approximately by the following nonlinear differential equation: where the variables used arc consistent with other...

Answered: 1 week ago

Question

★★★★★
Suppose that you enter into a short futures contract to sel July Silver for $1695 per Ounce. The site of the contract is 5,000 ounces The margin is 54 900, and the maintenance margin is $3.091 What...

Answered: 1 week ago

Question

★★★★★
Cybersecurity and Infrastructure Security Agency, (CISA) WHAT THEY DO

Answered: 1 week ago

Question

★★★★★
The electric potential at a point due to a point charge' q' is 50 V and the electric field at the same point is

Answered: 1 week ago

Question

★★★★★
14. If the potential at any point in two dimensional pla is given as V(x)=4x +4. Find the electric field an potential at (2, 0).

Answered: 1 week ago

Question

★★★★★
15. Four point charges of magnitude 2 C, -2, -3 and 6 C are kept at the four vertices of a square ABCD, with side 2 m. Find out the potential at the centre of the square.

Answered: 1 week ago

Question

★★★★★
16. At what point of the line joining the charges 3 nC and -2 nC, kept 15 cm apart, the potential is zero? Consider the potential at infinity to be zero. Hint: Accordin

Answered: 1 week ago

Question

★★★★★
17. Find out the work done in carrying a small charge of -2nC from a point (0, 0, 0.03 m) to (0, 0.04 m, 0) through (0,0.06m, 0.05 m). Consider the charge 8103 C is placed at origin. Hint: Potenti

Answered: 1 week ago

Question

★★★★★
Teamwork. Global. Technology. Work in groups of three students. Each group will identify a country about whose customs they would like to learn more. Each member of the team will be responsible for...

Answered: 1 week ago

Question

★★★★★
Technology. Research storytelling in business on the Internet and share with the class in a twominute presentation an interesting fact you learned about storytelling, who uses it, and how it is being...

Answered: 1 week ago

Question

★★★★★
Teamwork. Global. Technology. Work with six of your classmates to research the appropriate way to introduce people from a culture other than your own.Demonstrate for the class how you would introduce...

Answered: 1 week ago

Previous Question Next Question