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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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A total of 6,850 kilograms of a raw material was purchased at a total cost of $21,920. The materials price variance was $1,370 f
xxMikexx [17]

Answer:

$3.40 per kilogram

Explanation:

Calculation for the standard price per kilogram for the raw material

Using this formula

Standard price per kilogram=(Raw Material total cost +Materials price variance)/Raw material kilograms

Let plug in the formula

Standard price per kilogram=($21,920+$1,370)/6,850

Standard price per kilogram=$23,290/6,850

Standard price per kilogram=$3.40 per kilogram

Therefore the standard price per kilogram for the raw material will be $3.40

3 0
3 years ago
When the housing market collapsed in 2007, the demand for loanable funds decreased and caused interest rates to decrease.
o-na [289]

It is False When the housing market collapsed in 2007, the demand for loanable funds decreased and caused interest rates to decrease.

Because Interest rates typically decline during recessions as loan demand slows, bond prices rise and the central bank eases monetary policy. During recent recessions, the Federal Reserve has cut short-term rates and eased credit access for municipal and corporate borrowers. No price in the economy is as important as the price of money. Interest rates arguably drive the business cycle of expansion and contraction.

Interest rate is the amount a lender charges a borrower and is a percentage of the principal the amount loaned.

Recession is a period when the business and industry of a country is not successful.

Corporate is formed into an association and endowed by law with the rights and liabilities of an individual.

To know  more about the Interest Rate here

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4 0
1 year ago
Please hellllpppppp x.x
liberstina [14]

1.) Job responsibilities

2.) D

3.)A

4.)B

5.)D

Hope this helps you out some!! :)

5 0
3 years ago
When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to?
Jlenok [28]

When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to purchasing or sale of up to the stated maximum number of round lots (the standard trading unit of the stock) at the stated price.

This is further explained below.

<h3>What is a firm?</h3>

Generally, A company providing professional services for compensation, such as law or accountancy, is called a "firm." One key tenet of "theory of the company" is that enterprises' primary purpose is to increase shareholder wealth.

In conclusion, By keeping a "firm market," a broker-dealer promises to buy or sell up to the maximum number of round lots (the stock's standard trading unit) at the quoted price.

Read more about the firm

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7 0
1 year ago
An investor holding a short position in a maturing futures contract may:
Talja [164]

Answer:

<em>Take delivery of the underlying asset from the holder of the long position. </em>

5 0
2 years ago
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