Question
You want to enter 3 March contracts to buy euros at $1.17. The Initial Margin requirement is 3% and the Maintenance requirement is 30% of
You want to enter 3 March contracts to buy euros at $1.17. The Initial Margin requirement is 3% and the Maintenance requirement is 30% of Initial Margin requirement. If the exchange rate goes to $1.14/1 what will be the gain or loss on your futures contracts?
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Personal Finance For People In Addiction Recovery
Authors: Brandon Turner
1st Edition
1675917043, 978-1675917046
