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Sunny_sXe [5.5K]
3 years ago
10

A short futures contract on a non-dividend paying stock was entered some time ago. It now has 6 months to maturity. The risk-fre

e rate of interest is 10% per year. The stock is currently trading at $25/share and the delivery price is $24/share. How much is your position worth today (ignore marking to market costs)
Business
1 answer:
Schach [20]3 years ago
4 0

Answer:

$26.225

Explanation:

Spot rate amount = $25

Period = 0

FV Period = 6 month. FVF at 5%, 6 month = 1.049

Position worth today = Spot rate amount * FVF

Position worth today = $25 * 1.049

Position worth today = $26.225

So, my position worth today is $26.225.

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Flintlnc. provided the following information for the year 2017.
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Answer: See explanation

Explanation:

1. Prepare a single-step income statement for 2017. Shares outstanding during 2017 were 100,000. (Round earnings per share to 2 decimal places, e.g. $1.48.)

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4 years ago
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HR organizations, mainly.

For more help under this topic, you should visit this link:

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7 0
3 years ago
Savings Mart is a national retail chain. To entice the company to open a mega store in its jurisdiction, the city of Populationv
vazorg [7]

Answer:

$300,000

Explanation:

As per the Internal service revenue (IRS) and Generally accepted accounting principles (GAAP), when the entity who is profit making received any fixed asset as a donation than the same assets should be recorded at the fair value amount

Here the purchase price is $250,000 and the appraisal value i.e. fair value is $300,000

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3 0
4 years ago
_______ refer to government agencies and industry trade groups that help identify the skills that local employers require and wo
olga nikolaevna [1]

Answer:

Sector Partnership

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6 0
3 years ago
Read 2 more answers
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