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Yesterday, you entered into a futures contract to sell P 500,000 at $0.0750 per P. The initial margin for this contract
Posted: Sun May 08, 2022 10:34 am
by answerhappygod
- Yesterday You Entered Into A Futures Contract To Sell P 500 000 At 0 0750 Per P The Initial Margin For This Contract 1 (27.07 KiB) Viewed 22 times
Yesterday, you entered into a futures contract to sell P 500,000 at $0.0750 per P. The initial margin for this contract is $2,813. The maintenance margin requirement is $2,250. Suppose the futures price closes today at $0.0788. What is your margin account balance after today's closing? 4,713.00 O 1,900.00 o 913.00 © -1,900.00 None of the alternatives