Business, 19.02.2020 19:05 NathanFrase6770
On January 31, a company takes a short position in June futures on 185,000 oz of silver at $17-7550/oz. The size of one contract is 5,000 oz. The initial margin is $15,960 per contract and the maintenance margin is $13,300 per contract. 1. How much money has to be deposited as the initial margin for the whole position? 2. What is the smallest price change that would lead to a margin call? 3. What should be the closing price of June silver futures on January 31, for the exchange to withdraw $48,433.00 from the margin account in the process of daily settlement? 4. What should be the closing price of June silver futures on January 31, for the exchange to deposit $90,483.50 to the margin account in the process of daily settlement? 5. What amount (if any) would be required to be deposited by the company to the margin account if the closing price of June silver futures on January 31 were $18.4147/oz?
Answers: 3
Business, 21.06.2019 16:00
When earning simple interest on money you invest, which statement is true? a. as time goes on and your bank account grows, you earn more interest. b. as time goes on and your bank account grows, you earn less interest. c. as time goes on and your bank account grows, you earn the same amount of interest. d. as time goes on and your bank account grows, you stop earning interest.
Answers: 2
Business, 22.06.2019 02:00
Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:
Answers: 2
Business, 22.06.2019 04:30
What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience
Answers: 2
Business, 22.06.2019 07:00
Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
Answers: 2
On January 31, a company takes a short position in June futures on 185,000 oz of silver at $17-7550/...
Mathematics, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Health, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Health, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
English, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Chemistry, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01
Arts, 11.09.2020 19:01
History, 11.09.2020 19:01
Mathematics, 11.09.2020 19:01