Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 23, 2023

The future price as of today is 200$ Assume that the initial Margin is 2000$ for 100 contracts. The new Futures prices is 205$ what

The future price as of today is 200$ Assume that the initial Margin is 2000$ for 100 contracts. The new Futures prices is 205$ what is the performance of my Future position?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To calculate the performance of your futures position we need to consider the change ... 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

Step: 3

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

Advanced Accounting

Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III

2nd edition

1934319309, 978-1934319307

More Books

Students also viewed these Finance questions

Question

★★★★★

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...

Answered: 1 week ago

Question

★★★★★

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

Answered: 1 week ago

Question

★★★★★

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

Answered: 1 week ago

Question

★★★★★

A potential difference of 1.20 V will be applied to a 33.0 m length of 18-gauge copper wire (diameter = 0.0400 in.). Calculate (a) The current, (b) The magnitude of the current density, (c) The...

Answered: 1 week ago

Question

★★★★★

Arentz Office Supplies has a fleet of automobiles and trucks for use by salespersons and for delivery of office supplies and equipment. Universal Auto Sales Co. has automobiles and trucks for sale....

Answered: 1 week ago

Question

★★★★★

To create a ResultSet object, you can either use the getResultSet() method or call the executeQuery() method. (True/False)

Answered: 1 week ago

Question

★★★★★

What is the relationship between the estimated standard error of ????????|????=????0 and the prediction error for ???? when ???? = ????0?

Answered: 1 week ago

Question

★★★★★

Multiple Choice Questions 1. Which of the following items should be classified under the heading of cash on the balance sheet? Postdated checks Certificates of deposit a. Yes ...... Yes b. Yes .........

Answered: 1 week ago

Question

★★★★★

Post all entries to T-Accounts and come to ending balances: - Assume all overhead spending comes from cash. - Remember that there is no beginning or ending inventory for WIP and FG.

Answered: 1 week ago

Question

★★★★★

What is managerial economics? What role does it play in shaping business decisions?

Answered: 1 week ago

Question

★★★★★

We are considering the purchase of a $200,000 computer-based inventory management system. It will be depreciated straight-line to zero over its four-year life. It will be worth $30,000 at the end of...

Answered: 1 week ago

Question

★★★★★

Let's consider a binomial probability distribution. Go to https://stapplet.com/binom.html a.Enter p=.5 and n is equal to 4 then click 'plot distribution'. What is the shape of the distribution (for...

Answered: 1 week ago

Question

★★★★★

The marks on a statistics midterm test are normally distributed with a mean of 75 and a standard deviation of 4. a. What proportion of the class has a midterm test mark that is less than 80? Round...

Answered: 1 week ago

Question

★★★★★

Winkin, Blinkin, and Nod are equal shareholders in SleepEZ, an S corporation. In the conditions listed below, how much income should each report from SleepEZ for 2023 under both the daily allocation...

Answered: 1 week ago

Question

★★★★★

Question 1 of 10. Which of the following should NOT be used as a source of contractor performance information? O Commercial companies O Open public forums Financial institutions Publications Mark for...

Answered: 1 week ago

Question

★★★★★

You have been appointed as the manager overseeing the operations of several subsidiaries in Latin America. You are posted to a country where drug trafficking and lawlessness are rampant. One day, a...

Answered: 1 week ago

Question

★★★★★

(b) Armani Berhad and Ardeena Berhad are identical in every respect except that Armani Berhad is unlevered while Ardeena Berhad has RM2,000,000 of 5 percent debt outstanding. Assume that all of the...

Answered: 1 week ago

Question

★★★★★

The landing gear of an aircraft with: mass of 2000 kg the spring-mass-damper system Consider that the runway surface is y(t) = 0.2 cos 157.08t stiffness of the spring is 5 x 105 N/m. What is the...

Answered: 1 week ago

Question

★★★★★

The information below relates to the construction of a new recreation building in the City of Lander. Lander's fiscal year ends on June 30. Fiscal 2013 transactions 1. A bond issue in the amount of $...

Answered: 1 week ago

Question

★★★★★

On July 1, 2013, Alameda County leased equipment, agreeing to pay $400,000 at the start of the lease, and make five annual payments of $400,000 per year on June 30 of each subsequent year. The lease...

Answered: 1 week ago

Question

★★★★★

Fair Value Hedge: Long in Commodity Futures Daley, Inc., engages in futures trading on a regular basis. Its books are closed on June 30 of each year. On June l, 2014, Daley enters a futures contract...

Answered: 1 week ago

Question

★★★★★

The GASB requires governments to identify their principal taxpayers in their CAFRs statistical section. In what way does this information contribute to an analysis of nancial condition?

Answered: 1 week ago

Question

★★★★★

The following data were drawn from the CAFRs of two northern Virginia cities (all dollar amounts are in thousands): a. Per capita total general-fund taxes? b. Per capita property taxes? c. Tax rate...

Answered: 1 week ago

Question

★★★★★

A special-purpose government is established to operate parking garages. Will it have to prepare both government-wide and fund statements? Explain.

Answered: 1 week ago

Previous Question Next Question