A. Piglin enters into the short position (maké delivery) on 100 futures contracts, each for delivery of one share of stock GLD in four weeks with cash settlement. The margin requirement is 20%, with no maintenance margin. The contract is marked to market at the end of each week. The annual continuous risk-free rate is r = 0.04 and the margin account does not pay interest. Given the following futures prices, what is Piglin's profit? Round your response to two decimal places. Elapsed time (weeks) Futures price

A. Piglin enters into the short position (maké delivery) on 100 futures contracts, each for delivery of one share of stock GLD in four weeks with cash settlement. The margin requirement is 20%, with no maintenance margin. The contract is marked to market at the end of each week. The annual continuous risk-free rate is r = 0.04 and the margin account does not pay interest. Given the following futures prices, what is Piglin's profit? Round your response to two decimal places. Elapsed time (weeks) Futures price

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question list O Question 1 O Question 2 O Question 3 O Question 4 More Info N 1 2 3 4 5 6 7 8 9 10 To Find F Given P FIP 1.1200 1.2544 1.4049 1.5735 1.7623 1.9738 2.2107 2.4760 2.7731 3.1058 K 0.8929 0,7972 0.7118 0.6355 0.5674 0.5066 0.4523 0.4039 Most likely estimates for a project are as follows. 0.3606 0.3220 To Find P Given F PIF Choose the correct choice below. Determine whether the statement "This project (based upon the most likely estimates) is profitable." is true or false. ✔Click the icon to view the relationship between the PW and the percent change in parameter. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year False O True To Find F Given A FIA 1.0000 2.1200 3.3744 4.7793 6.3528 8.1152 10.0890 12.2997 14.7757 17.5487 To Find P Given A PIA 0.8929 1.6901 2.4018 3.0373 3.6048 4.1114 4.5638 4.9676 5.3282 5.6502 To Find A Given F AIF 1.0000 04717 0.2963 0.2092 0.1574 0.1232 0.0991 0.0813 0.0877 0.0570 To Find A Given P…
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Lignin is a basic component of almost any plant that grows, so it is one of the most abundant organic compounds in the world. Almost anything derived from oil can be made out of lignin. The question is "can we do it cost-effectively and consistently?" A startup company has developed a process to derive plastics, carbon fiber and other advanced materials from lignin. The cash flow diagram for this process is shown below (in $ millions). If the company's hurdle rate (MARR) is 20% per year, is this a profitable undertaking? Click the icon to view the diagram for cash flows. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 20 per year. The present worth of the venture is $ million. (Round to two decimal places.)
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its not 5 QUESTION 11 If an issuer prepares a summary prospectus, how many copies must be filed with the SEC prior to first use? 2.
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