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
guapka [62]
3 years ago
14

You enter into a short crude oil futures contract at $43 per barrel. The initial margin is $3,375 and the maintenence margin is

$2,500. One contract is for 1,000 barrels of oil. By how much do oil prices have to change before you receive a margin call
Business
1 answer:
Wewaii [24]3 years ago
8 0

Answer:

The correct answer is "43.875". A further explanation is provided below.

Explanation:

The given values are:

Initial margin,

= $3,375

Maintenance margin,

= $2,500

Barrels of oil,

= 1,000

Now,

The loss on the position will be:

= 3375-2500

= 875 ($)

then,

⇒  1000 (P - 43) = 875

⇒  1000P-43000=875

On adding "43000" both sides, we get

⇒  1000P-43000+43000=875+43000

⇒                             1000P=43875

⇒                                    P=\frac{43875}{1000}

⇒                                        =43.875

You might be interested in
If citizens stated these concerns, which one could be solved by spending tax money?
Mama L [17]
"The roads In my state need to be repaired"
3 0
4 years ago
Read 2 more answers
What is home trade businness​
Margaret [11]

Answer:

Home trade is the buying and selling of goods (with the aim of making profit) among people of the same country.

Explanation:

6 0
3 years ago
Read 2 more answers
You have stopped to park a vehicle equipped with an automatic transmission. the next step is to keep your foot on the brake peda
likoan [24]

You have stopped to park a vehicle equipped with an automatic transmission. the next step is to keep your foot on the brake pedal and set the parking brake.

<h3><u>What are brake pedals and parking brake?</u></h3>
  • To the left of the accelerator on the floor is the brake pedal. It applies the brakes when pressed, slowing or stopping the car.
  • To make the brakes engage, press firmly on the pedal with your right foot (heel on the ground).
  • If your car has conventional brakes, the pedal will wiggle a little before becoming resistant. If your vehicle has power brakes, you won't need to press as hard on the brake pedal to apply the brakes.
  • The parking brake can be engaged via a lever under the dashboard, a pedal on the left floor, or a pedal on the right.
  • The parking brake, commonly referred to as a handbrake or an emergency brake (e-brake), is a device used in road vehicles to hold the car securely immobile when it is parked.
  • A cable that is attached to two wheel brakes and subsequently to a pulling mechanism is a common component of parking brakes.

Most parking brakes in cars only work on the back wheels, which have less traction while braking. The mechanism could be a foot-operated pedal next to the other pedals, a straight pull handle next to the steering column, or a hand-operated lever.

Know more about parking brakes with the help of the given link:

brainly.com/question/15606657

#SPJ4

4 0
1 year ago
What type of interview is most likely being conducted when an interviewer says, "I think your answer is totally inadequate: it d
Wittaler [7]

Answer:

The correct answer is letter "A": stress.

Explanation:

Stress interviews are those where applicants are tested in critical skills such as problem-solving scenarios <em>role-playing</em> those situations to find out how the applicant reacts. These evaluations place a special focus on having prospective employees show what they are capable of before being hired. Stress interviews also let applicants know what a regular day at work could be with the position they are applying for so they can review if it is what the applicants are looking for.

8 0
4 years ago
Consumers are buying _______________ goods when they switch between brands of convenience goods out of boredom or the desire to
suter [353]

Answer:

Variety-seeking.

Explanation:

Consumers are buying variety-seeking goods when they switch between brands of convenience goods out of boredom or the desire to change. Purchases may have been pre-planned in that consumers "knew" they were going to purchase a specific product or brand but changed their minds in-store, deciding to try something different. Variety-seeking behavior is depicted by the consumers when they have very low involvement with in the buying process and there are significant differences are also present among brands. Consumers do lot of brand switching here. Consumers switch brands only for the sake of trying something new rather than dissatisfaction with the brand.

7 0
3 years ago
Other questions:
  • "Chang is the art director at Idlewild Graphic Design. The firm recently acquired a new client, Palomino Film Productions. They
    12·1 answer
  • In order for an embayment to qualify as an estuary, it must have both _____ and _____.
    11·1 answer
  • A tour operator could be liable for describing an experience that doesn't actually happen.
    11·1 answer
  • What are the forces that together comprise the invisible hand?
    12·2 answers
  • After its success in Japan, Starbucks worked with local operators, collecting initial fees and then royalties on store revenues
    9·1 answer
  • Crane Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019 tot
    14·1 answer
  • I'll give 20 points if you just answer this riddle: You see a boat filled with people. It has not sunk, but when you look again
    7·2 answers
  • While the four Ps help us remember the basics components of the __________, they don't reveal all the components in the marketin
    15·1 answer
  • an increase in the firm's cost of capital will decrease projects' npvs, which could change the accept/reject decision for any po
    10·1 answer
  • juliana was assigned to analyze the process her company uses to write proposals. she worked on her report for more than a month.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!