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Your futures account had equity of $20,000.00 at the start. Given the following positions, what is the account's CURRENT equity balance? POSITIONS QTY Cost Price
- Your futures account had equity of $20,000.00 at the start. Given the following positions, what is the account's CURRENT equity balance?
POSITIONS | QTY | Cost | Price | Initial Equity |
| Sep Wheat | 5 | 572'0 | 559'2 | $6,875.00 |
| Dec Gold | 1 | $1,554.70 | $1,666.50 | $5,500.00 |
| Dec Cocoa | 2 | $2,526.00 | $2,756.00 | $4,180.00 |
| Cash | - | - | - | $3,445.00 |
TOTAL | $20,000.00 |
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
