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Gwar [14]
3 years ago
12

"Today's settlement price on a Chicago Mercantile Exchange (CME) yen futures contract is $0.8011/¥100. Your margin account curre

ntly has a balance of $2,000. The next three days' settlement prices are $0.8057/¥100, $0.7996/¥100, and $0.7985/¥100. (The contractual size of one CME yen contract is ¥12,500,000). If you have a short position in one futures contract, the changes in the margin account from daily marking-to-market will result in the balance of the margin account after the third day to be A. $2,325. B. $2,000. C. $3,425. D. $1,425."

Business
1 answer:
g100num [7]3 years ago
6 0

Answer:

Explanation:

The solution to the above problem is shown in the attached picture below. It is because of the arrangement i had ti use pen and book. Thank you

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Maria is a hard-working college sophomore. One Sunday, she decides to work nonstop until she has answered 100 practice problems
sdas [7]

Answer:

The correct answers are:

i. The marginal, or additional, gain from Maria’s first hour of work, from 8:00 AM to 9:00 AM, is <u>  40  </u> problems.

ii. The marginal gain from Maria’s third hour of work, from 10:00 AM to 11:00 AM, is <u>   20   </u> problems

iii. 2 hours working on problems, 2 hours reading (c)

Explanation:

i. The marginal gain from 8:00 AM to 9:00 AM is calculated thus:

work done at 8:00 AM = 0 problems

Work done at 9:00 AM = 40 problems

Marginal gain = (Work done at 9:00 AM) - (work done at 8:00) = 40 - 0 = 40 problems

ii. work done at 10:00 AM = 70 problems

work done at 11:00 AM = 90 problems

Marginal gain = 90 - 70 = 20 problems

iii. To get the best exam score, the most number of problems possible in total must be answered within the 4-hour period, and this is determined as follows:

we are told that Maria gets tired as time progresses and the number of questions answered reduces we notice the following numbers of questions answered in each hour:

8:00 AM to 9:00 AM = 40 - 0 = 40 problems (hour 1)

9:00 AM to 10:00 AM = 70 - 40 = 30 problems (hour 2)

10:00 AM to 11:00 AM = 90 - 70 = 20 problems (hour 3)

11:00 AM to Noon = 100 - 90 = 10 problems (hour 4)

Also, we are told that;

1 hour of reading = 25 problems

Comparing the reading and solving problems, we see that the number of problems solved in hour-1 and hour-2  (40 and 30 respectively) are more than the equivalent number of problems solved in reading for 1 hour, while hour-3 and hour-4 (20 and 10 respectively), have lesser equivalent number of problems each, than reading for one hour. Therefore to make the most out of the 4 hours, Maria will spend the first 2 hours solving problems and the next two hours reading, giving a total of: 40 + 30 + 25 + 25 = 120 problems solved.

4 0
3 years ago
Josie recently took a job in the marketing department for Beachside Bagels and Bakery. After just a few days on the job, Josie l
Natalija [7]

Answer: Bureaucratic organization

Explanation:

A bureaucratic organization is an organization with a pyramidal shaped structure thereby decisions are made in an organized manner and there is high formality in its operations. It involves different layers of management from the top executives to managers till it gets to the lower staffs

Authority and decision making generally comes from the top till it gets to lower layers. Examples of bureaucratic organizations can be found in colleges and police departments.

6 0
3 years ago
Read 2 more answers
The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. Is
mihalych1998 [28]

Answer:

discount; 1.8%

Explanation:

Calculation for the forward rate using this formula

forward rate=(F/S) - 1

Let plug in the formula

forward rate= ($1.60/$1.63) - 1

forward rate= -1.8 percent.

Therefore The forward DISCOUNT is 1.8 percent.

7 0
3 years ago
Frankâ Pianki, the manager of an organic yogurt processing plant desires a quality specification with a mean of 18.0 âounces, an
aleksley [76]

Answer: 0.050

Explanation:

Mean = 18

USL = 18.6

LSL = 17.4

SD = 1.25

Cpk = Min{(mean - LSL / 3*sd), (USL - mean / 3*sd)}

= Min{ ( 18 - 17.4/ 3 * 1.25), (18.6 - 18 / 3 * 1.25)}

= Min { 0.05 0.05)

Cpk = 0.050

8 0
3 years ago
Can someone help me to fix this BAFS question?
Tanya [424]

Mr.Cheung lives in China

5 0
2 years ago
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