Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

Yesterday you entered into a long position with a futures contract on 125,000 at $1.412/. The initial margin is $10,000. Today the spot price is

Yesterday you entered into a long position with a futures contract on 125,000 at $1.412/. The initial margin is $10,000. Today the spot price is $1.389/. How much is in your margin account? 9,770 7,125 margin of error +/- 1

Yesterday you entered into a long position with a futures contract on 125,000 at $1.412/. The initial margin is $10,000. Today the spot price is $1.389/. How much is in your margin account? 7,125 margin of error +/1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions

Question

9.59 Washing Machine Colours A manufacturer of automatic washers provides a particular model in one of three colours. Of the first 1000 washers sold, it is noted that 400 were of the first colour....

Answered: 1 week ago

Question

★★★★★

The Shamrock Paint Company uses a process-costing system. Materials are added at the beginning of a particular process, and conversion costs are incurred uniformly. Work in process at the beginning...

Answered: 1 week ago

Question

★★★★★

all help appreciated Brokeback Towing Company is at the end of its accounting year, December 31, 2018. The following data that must be considered were developed from the company's records and related...

Answered: 1 week ago

Question

★★★★★

Lucas Company has provided the following information: Cash flow from operating activities: $360,700. Net income: $307,400, Interest expense: $31,050, Interest cash payments $20,700, Income tax...

Answered: 1 week ago

Question

★★★★★

Jerry Schneider One of the more famous cases of computer abuse involves a young man named Jerry Schneider. Schneider had a flair for electronics. By the time he left high school, he had already...

Answered: 1 week ago

Question

★★★★★

In some damping systems, a circular disk immersed in oil is used as a damper, as shown in Fig. P2-125. Show that the damping torque is proportional to angular speed in accordance with the relation...

Answered: 1 week ago

Question

★★★★★

Which circuit in Figure P32.25 produces the greatest current in the emitter? Data from Figure P32.25 A B n-type p-type n-type n-type p-type n-type C n-type p-type n-type HHHHH

Answered: 1 week ago

Question

★★★★★

Verify Eq. (23.73a), and show numerically that the maximum Mach number for a laminar shock front is M = 1.58. Eq. (23.73a) nok B Te ="ogT [[1-{1 - 6/12] M> {}{24 - 1} () = (23.73a)

Answered: 1 week ago

Question

★★★★★

Solve the two equations given by (3.4) to obtain the values of the parameters given by Equations (3.5) and (3.6), respectively. Equation 3.4 Equation 3.5 equation 3.6 MI M m a x +6 * | x = 2 xy = 2 ...

Answered: 1 week ago

Previous Question Next Question