Question
Suppose you go short two March gold futures contracts. Contract size is 100 oz and the futures price is US$1200/oz. The margin per contract is
Suppose you go short two March gold futures contracts. Contract size is 100 oz and the futures price is US$1200/oz. The margin per contract is $7,000, with maintenance at $5,500 per contract. After one day, the futures price is US$1190/oz. The daily mark on your account balance would be what?
Suppose you go short two March gold futures contracts. Contract size is 100 oz and the futures price is US$1200/oz. The margin per contract is $7,000, with maintenance at $5,500 per contract. The future price that you would receive a margin call would be closest to
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Corporate Financial Management
Authors: Julian Ralph Franks, Harry H. Scholefield
2nd Edition
0566020548, 978-0566020544
