Consider an investment in five S&P 500 Index futures contracts at a price of $924.80
The initial margin requirement is 15.0% and the maintenance margin is 10.0%. If the continuously compounded interest rate is 5.0% what will the futures price need to be for a margin call to occur 10 days from now? Assume no settlement within the 10 days.
A) $852.64
B) $872.79
C) $898.63
D) $905.25
B
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Paige was working on a graphic design project for her employer when she cut her hand with scissors and needed stitches. Her doctor’s visit to get the stitches was covered under ______.
A. Social Security B. Medicare C. unemployment insurance D. worker’s compensation
Legacy systems are?
a. Older systems that often must be integrated into newer ones b. Champion systems that are best-in-class c. Systems in use by competitors d. Newer systems that do not yet have wide adoption
Michael's Hats, Inc has two product lines—batting helmets and football helmets
The income statement data for the most recent year is as follows: Total Batting Helmets Football Helmets Sales revenue $900,000 $500,000 $400,000 Variable costs (480,000 ) (200,000 ) (280,000 ) Contribution margin $420,000 $300,000 $120,000 Fixed costs (230,000 ) (80,000 ) (150,000 ) Operating income (loss) $190,000 $220,000 $(30,000 ) If $90,000 of fixed costs will be eliminated by dropping the football helmets line, how will dropping football helmets affect operating income of the company? A) Operating income will increase by $90,000. B) Operating income will increase by $120,000. C) Operating income will decrease by $150,000. D) Operating income will decrease by $30,000.
The offer of money or the taking of money, or other things of value, to influence official actions is called bribery
a. True b. False Indicate whether the statement is true or false