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Burka [1]
3 years ago
14

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

tly 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 long 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?
Business
1 answer:
DIA [1.3K]3 years ago
6 0

Answer:

$2,325

Explanation:

$2,325 = $2,000 +¥12,500,000 *[(0.008011 - 0.008057) + (0.008057 - 0.007996) + (0.007996 - 0.007985)]

=$2,000 + ¥12,500,000 *)[(0.008011 - 0.007985)]

$0.8011/¥100 = $0.008011/¥

Hence:

$0.8057/¥100 = $0.008057/¥

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The operators of adult bookstores got together and each agreed to contribute $1,000 to a fund for use in lobbying the city counc
san4es73 [151]

Answer:

The operators have not violated the antitrust laws because they are only collaborating to lobby the government

Explanation:

The antitrust law in the U.S. can be described as a group of federal and state government laws enacted to regulate the activities of business firms in order to enhance competition to the advantage of consumers.

The antitrust law aims to collusive activities that suppress trade, any merger and acquisition that would reduce competition, and prevent the the abuse of monopoly power.

Since the activity of the operators of adult bookstores does not fall under what the antitrust law aims to prevent but it is just a collaboration to lobby the government, they have a good defense that they have not violated the antitrust laws.

3 0
3 years ago
Fargo Company's outstanding stock consists of 400 shares of noncumulative 5% preferred stock with a $10 par value and 3,000 shar
DIA [1.3K]

Answer:

The correct option is a. $200 preferred; $19,800 common.

Explanation:

These can be calculated as follows:

Dividends paid to preferred shareholders in 2015 = Number of outstanding shares of noncumulative preferred stock * Preferred stock par value * Dividend percentage of preferred stock = 400 * $10 * 5% = $200

Dividends paid to common shareholders in 2015 = Dividend declared and paid in 2015 - Dividends paid to preferred shareholders in 2015 = $20,000 - $200 = $19,800

Therefore, the correct option is a. $200 preferred; $19,800 common.

5 0
3 years ago
Describe about comparative cost and absolute advantages of international trade​
zzz [600]

Answer:

Here's what I know.

Explanation:

Comparative cost talks about the difference or similarities in cost between two or more prices of good or services.

The advantages of international trade are...

1. It creates harmony between countries.

2. It encourages countries to manufacture their own products.

3. It is a source or income/revenue to the producing countries.

4. It is a good employment opportunity.

5. It improves a country's standard of living.

Hope these help... ♥

4 0
3 years ago
Kohlberg's theory of moral development can best be summarized as characterizing children's moral development as a process of pro
Vitek1552 [10]

Answer:

true

Explanation:

According to my research on Kohlberg's theory of moral development, I can say that based on the information provided within the question this statement is completely true. This is because this theory talks about starting in a stage where your actions are done in order to avoid certain consequences. Then as you get older you progress through various ethical stages, developing a series of ethical principals.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Identify the careers that require a college degree and the ones that require only a certification.
ollegr [7]

biomedical engineer  - college degree

hairstylist  - certification

childcare director  - college degree

museum personnel  - college degree ??

sociologist  - college degree

tour guide - certification??

A couple of these I am not sure of but the others I am positive.

4 0
4 years ago
Read 2 more answers
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