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The answer is A but i need help with the steps Ending Balance 19. Use Table 6. What is the ending balance on day 3?
The answer is A but i need help with the steps
Ending Balance 19. Use Table 6. What is the ending balance on day 3? Initial margin is $5, maintenance margin is $3, and investor is long 11 contracts. Day Beginning | Deposits Price Gain Balance $100.00 $99.40 $97.40 $102.80 A. $114.40 B. $95.80 C. $92.40 D. $118.80 $0Step by Step Solution
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