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total equity=23952.8 10. Note the following contract specifications: QUOTE INITIAL MAINT CONTRACT UNIT TIC SIZE MOS. UNITS MGN MGN Wheat Mar, May, Jul, 5,000 bu
total equity=23952.8
10. Note the following contract specifications: QUOTE INITIAL MAINT CONTRACT UNIT TIC SIZE MOS. UNITS MGN MGN Wheat Mar, May, Jul, 5,000 bu c/bushel $0.01 $1,375 $1,250 Sep, Dec Gold Feb-Apr, Jun, 1,000 troy oz $1.00/troy oz $0.10 $5,500 $5,000 Aug, Dec Cocoa 10 m tons Mar, May, Jul, $ / ton $1.00 $2,090 $1,900 Sep, Dec Assuming the initial equity and contract positions from the previous problem, what would the account value be if EACH position DECLINED 2.5% (round price to the nearest tic)? 10. Note the following contract specifications: QUOTE INITIAL MAINT CONTRACT UNIT TIC SIZE MOS. UNITS MGN MGN Wheat Mar, May, Jul, 5,000 bu c/bushel $0.01 $1,375 $1,250 Sep, Dec Gold Feb-Apr, Jun, 1,000 troy oz $1.00/troy oz $0.10 $5,500 $5,000 Aug, Dec Cocoa 10 m tons Mar, May, Jul, $ / ton $1.00 $2,090 $1,900 Sep, Dec Assuming the initial equity and contract positions from the previous problem, what would the account value be if EACH position DECLINED 2.5% (round price to the nearest tic)Step by Step Solution
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