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faust18 [17]
4 years ago
13

Yesterday, you entered into a futures contract to sell €62,500 at $1.50 per €. Your initial performance bond is $1,500 and your

maintenance level is $500. At what settlement price will you get a demand for additional funds to be posted?
A. $1.5160 per €.
B. $1.208 per €.
C. $1.1920 per € .
D. $1.1840 per €.
Business
1 answer:
yaroslaw [1]4 years ago
6 0

Answer:

A. $1.5160 per €.  

Explanation:

1500+62500*(1.50-x)<=500

=>x>=1.5+(1500-500)/62500

=>x>=1.516

Therefore, at a settle price of $1.5160 per euro or more additioanl funds demand will be there.

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Which of the following is a criticism of the national income and product accounts?
jok3333 [9.3K]

I believe the correct answer among the choices is:

b) They do not capture most nonmarket economic activity

 

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Aneli [31]

Answer:

Dr accounts payable   $2,300

Cr cash                                      $2300

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The correct answer would :

Dr accounts payable   $2,300

Cr cash                                      $2300

This is missing from the options provided.

3 0
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Answer:

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However, exports from ABC Islands are likely to be a small component of U.S. Aggregate demand, so the effect in overall inflation is likely to be small.

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8 0
3 years ago
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