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faust18 [17]
3 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]3 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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Answer:

Option (D) is correct.

Explanation:

Given that,

During a​ year,

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Firm's depreciation = ?

Therefore,

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3 years ago
Dyan, the owner of expert restoration services, inc., adheres to the "principle of rights" theory. under this theory, a key fact
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7 0
2 years ago
Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported tires.
vesna_86 [32]

Answer:

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Explanation:

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5 0
3 years ago
Four years ago, Velvet Purses purchased a mailing machine at a cost of $154808. This equipment is currently valued at $25955 on
AVprozaik [17]

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