If you had to post a 1000 initial margin per contract upon, Financial Management

+44 141 628 6080
[email protected]

If you had to post a 1000 initial margin per contract upon

The futures contract quote on 5,000 bushels of soybeans traded on the CBOT, Monday, December 31, 2001 was:

Open: 423-3/4 ($4.2375/bushel)

High: 424 ($4.24/bushel)

Low: 419-1/2 ($4.1950/bushel)

Settle: 421 ($4.21/bushel)

You shorted 3 contracts at $4.22 on December 31, 2001

The settlement for January 2, 2002 was $4.18 (the markets closed on New Years). If you had to post a $1,000 initial margin per contract upon placing the trade, what would be your trade account balance at the close of January 2, 2002?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Management: If you had to post a 1000 initial margin per contract upon

Reference No:- TGS02847999

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Discuss - power lies at the core of a political system

(1) What is power? (2) 'Power lies at the core of a political system.' Do you agree with this statement? Provide a reason for your answer.

Incusion in early childhood education

1. Incusion in early childhood education - what does it mean, look like feel like sound like 2. Motivation - include information about why inclusion should be

How to made a difference in the quality of life

Problem: Write a two-page report on a person who has made a difference in the quality of life in your community.

Describe social media effects on young womens body

Social Media Effects on Young Women's Body Image Concerns: Theoretical Perspectives and an Agenda for Research

Describe the leadership- skills, values & methods

In light of an interview, I conducted with Dr, Robert A. Stanley, LMLP, the Assistant Superintendent & Director of Psychology @ a Kansas State Mental Hospital

Write a description of a process of procuring a job

Your assignment is to write a description of a process of procuring a job. It should not be as much of a narrative of your experience in procuring a job

Overview of the impact of social media on conversations

Introduction A. General overview of the impact of social media on conversations B. Thesis statement: Social media has significantly damaged our ability

Request for Solution File

Ask an Expert for Answer!!

Financial Management: If you had to post a 1000 initial margin per contract upon

Reference No:- TGS02847999

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : The slope of the fitted line that shows the relationship

Q : The sgd is quoted at bid price of 085 usdsgd with a 1 penny

Q : You decide to borrow eur at the relatively low rates and

Q : If interest rate parity is in effect what should be the 1

Q : If you had to post a 1000 initial margin per contract upon

Q : The stock of big joes has a beta of 146 and an expected

Q : What is their 2017 federal income tax explain your steps

Q : The conversion premium for bike tours convertible bond is

Q : Can you calculate the exact npv of this project using only