1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sleet_krkn [62]
3 years ago
10

You are long 30 gold futures contracts, established at an initial settle price of $1,542 per ounce, where each contract represen

ts 100 troy ounces. Your initial margin to establish the position is $12,000 per contract and the maintenance margin is $11,200 per contract. Over the subsequent four trading days, gold settles at $1,531, $1,527, $1,537, and $1,547, respectively. Compute the balance in your margin account at the end of each of the four trading days, and compute your total profit or loss at the end of the trading period. Assume that a margin call requires you to fund your account back to the initial margin requirement. For days in which a deposit is necessary, give the margin balance after the required deposit
Business
1 answer:
WARRIOR [948]3 years ago
6 0

Answer:

The solutions is given in the attached figure

Explanation:

The values are calculated using the appropriate formulas in Excel. The formulas are as indicated in the attached figure.

You might be interested in
Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and t
kirza4 [7]
Given that <span>Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and the average variable cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>
6 0
4 years ago
You are the CEO of a company that has to choose between making a $100 million investment in either Russia or Poland. Both invest
dimulka [17.4K]

Answer: When assessing the risks of investment, one should consider the political, economic, and legal risks of doing business in either Russia or Poland. The risk in Russia would probably be considered higher than the risk in Poland since Poland has been a member state of the European Union since 1 May 2004, with the Treaty of Accession 2003 signed on 16 April 2003 in Athens as the legal basis for Poland's accession to the EU.

Poland has already gained benefits and stability offered by the EU. Russia, by contrast, is still many years away from even being in a position to be considered by the EU for membership.

Explanation: A diligent investor wouldn't put a penny in a risky country.

8 0
3 years ago
"what developed country is projected to have the steepest decline in population between now and 2050?"
weeeeeb [17]

The answer is Japan. It is decreasing at a record pace. The country lost 244,000 people in 2013 as births jumped and deaths increased. It faces the vision of losing a third of its population in the next 50 years, raising uncertainties about its economic prospects and labor market.

5 0
3 years ago
Congress passes a law that regulates the amount of lettuce that can be grown on a farm. Milton is a farmer who grows lettuce. He
Yuliya22 [10]

Answer:

The answer is: A) Declare the law constitutional because Milton's actions substantially affect interstate commerce.

Explanation:

The Commerce Clause, Article I, Section 8, Clause 3 of the Constitution of the United States:

[The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.

Congress can enact laws that regulate interstate commerce, and this law is an example of one of them. It doesn't matter if Milton's action only affect commerce in a very small way, the law is still constitutional.

6 0
4 years ago
A document which shows how much a customer has to pay, for what and by when​
blondinia [14]

Answer:

A Bill

Explanation:

A bill is a request for payment. A bill is usually considered from the customer's standpoint. It's common to receive a bill without an invoice, as in a restaurant or retail store. A bill is usually given with the expectation of immediate payment.

5 0
3 years ago
Other questions:
  • Acquisition costs; journal entries
    7·1 answer
  • One of the advantages of starting your own business is
    9·2 answers
  • Wilma needed to fill a position that had been open for several weeks. she knew what her perfect candidate would be like but so f
    11·1 answer
  • Money is to food as ________ is to ________.
    11·1 answer
  • Celestica Precision Machining is interested in expanding operations into South America but they lack personnel with deeper cultu
    11·1 answer
  • Generally, State A may exercise "long arm" jurisdiction over a defendant located in State B if the defendant:________. a. once r
    8·1 answer
  • If stock prices are expected to drop dramatically, then, other things equal, the demand for stocks will ________ and that of tre
    12·1 answer
  • Charles has decided to open a​ lawn-mowing company. To do​ so, he purchases mowing equipment for ​$​, buys gasoline ​($ in gas i
    7·1 answer
  • On July 1, Hartford Construction purchases a bulldozer for $228,000. The equipment has a 9-year life with a residual value of $1
    15·1 answer
  • The __________ system is a free online service that allows employers to check the legal status of their employees.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!