Question
The initial margin requirement of an interest rate futures contract is 12% with a price of $149,841. The futures is worth $125,000 per contract. The
The initial margin requirement of an interest rate futures contract is 12% with a price of $149,841. The futures is worth $125,000 per contract. The percentage profit/loss of the investor with a short position of this futures will be _________ if the futures price becomes $145,000.
Multiple Choice
A.37.92% loss
B. 37.92% profit
C. 26.92% profit
D. 26.92% loss
Step by Step Solution
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Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
13th Edition
1118975588, 9781118975589
