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U Question 9 05 pts Based on the information in Question 12, suppose at the end of the first trading day, the futures price 10
U Question 9 05 pts Based on the information in Question 12, suppose at the end of the first trading day, the futures price 10 cents per pound, what is the ending balance on your margin account? HIMLE B 7 A T: V Question 8 0.5 pts Questions 8 to 10 are based on the same information. Suppose that you enter into TWO futures contract to SELL July orange juice for 160 cents per pound. Each contract is for the delivery of 15.000 pounds. The initial margin is $6,000 for each contract, and the maintenance margin is $4,500 for each contract. What is the total initial balance on your margin account for the two futures contracts! HTML Editor BI VAA. IE * 3 1. XEE - OD 2 NG 12 Paragraph For the total initial margin it is the number of contracts initial margin per contract 2"6,000 -12,000 U Question 9 05 pts Based on the information in Question 12, suppose at the end of the first trading day, the futures price 10 cents per pound, what is the ending balance on your margin account? HIMLE B 7 A T: V Question 8 0.5 pts Questions 8 to 10 are based on the same information. Suppose that you enter into TWO futures contract to SELL July orange juice for 160 cents per pound. Each contract is for the delivery of 15.000 pounds. The initial margin is $6,000 for each contract, and the maintenance margin is $4,500 for each contract. What is the total initial balance on your margin account for the two futures contracts! HTML Editor BI VAA. IE * 3 1. XEE - OD 2 NG 12 Paragraph For the total initial margin it is the number of contracts initial margin per contract 2"6,000 -12,000
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