a) Suppose an investor recently sold shorted ones contracts when there is 51931 per ounce...
80.2K
Verified Solution
Link Copied!
Question
Finance
a) Suppose an investor recently sold shorted ones contracts when there is 51931 per ounce (as on March 29, 2022) Ench contraction 100 of and the manner contract that you provide is 519.000. The maintenance margin per contract514250 Dunn the day the futures price rises, and setties at $1933 per ounce co What is the balance of your margin account at the end of the day? ch) During the next day the futures price falls and setties at $1929 per unce. What is the balance of your monen account at the end of the next day? (mm) At what futures settle price would you get a margin call from the broket
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.