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Arte-miy333 [17]
3 years ago
14

ease answer the question below based on the closing spot and the July futures contract prices for euros for four consecutive day

s in March 20XX. No calculations are necessary. Date 3/01 3/02 3/03 3/04 Euro Spot Price $1.1585 $1.1589 $1.1584 $1.1593 July euro Futures Contract Price $1.1850 $1.1812 $1.1823 $1.1820 If a person sold euro futures on _____ then he/she will post a profit on ____ :
Business
1 answer:
kherson [118]3 years ago
5 0

Answer:

If a person sold euro futures on <u>3/01</u> then he/she will post a profit on <u>3/02</u> :

Explanation:

Date                                                    3/01        3/02       3/03       3/04

Euro Spot Price                              $1.1585   $1.1589  $1.1584   $1.1593

July euro Futures Contract Price  <u>$1.1850</u>   <u>$1.1812</u>   $1.1823   $1.1820

On March 1, the price of the euro futures contract was $1.1850 per euro, which means that a €1,000 contract is worth $1,185.50. On March 2, the euro futures contract was worth less, only $1.1812 per euro, that means that a €1,000 contract is worth $1,181.20. So you could have earned $1,185.50 - $1,181.20 = $4.30 per contract. It doesn't seem much, but it represents a 0.36% gain in one day.

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grandymaker [24]

Answer:

a)

Explanation:

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So as per above definition only option A seems the correct alternative among al the other option when discussing about Phishing.

A con executed using technology, typically targeted at acquiring sensitive information, or tricking someone into installing malicious software.

7 0
2 years ago
Slick Sam has a special relationship with his banker. The nature of the relationship is as follows: The bank owes Sam $100 per y
joja [24]

Answer:

X=97.24

Explanation:

PV = Present Value = X+2000 by the 16th years

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FV = Future Value = 2000 at the end of 16 years

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FV = pmt* ​((1+r)ⁿ - 1   )/r

Inputting the values;

2000=100*((1+r)¹⁶-1)/r

Solving for r, gives r = 2.9%

Therefore using the formula for PV for annuity;

PV=PMT*(1-(1/1+r)/r)

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X=100*((1-0.9718)/0.029)

X=100*(0.0282/0.029)

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7 0
2 years ago
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vovikov84 [41]
It would not fall at all. Monopolists own the entire industry meaning the consumers have no alternatives. If they have no alternative they have no choice but to buy even if the price increases
5 0
3 years ago
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Answer:

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Explanation:

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Answer:

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4 0
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Read 2 more answers
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