Please answer the next question based on the closing July futures contract prices for EUR for three consecutive days in March 20XX. You sold two EUR futures contract at the closing price on 3/01. Each EUR futures contract requires the delivery of EUR 150,000. Suppose, the initial and maintenance margin for each EUR futures contract are $2,000 and $1,500, respectively. Date July EUR Futures Contract Price In 3/02 you will O get get not get: not get get; not get not get get 3/01 3/02 3/03 $1.3328 $1.3345 $1.3398 a margin call and on 3/03 you will a margin call from the exchange

Please answer the next question based on the closing July futures contract prices for EUR for three consecutive days in March 20XX. You sold two EUR futures contract at the closing price on 3/01. Each EUR futures contract requires the delivery of EUR 150,000. Suppose, the initial and maintenance margin for each EUR futures contract are $2,000 and $1,500, respectively. Date July EUR Futures Contract Price In 3/02 you will O get get not get: not get get; not get not get get 3/01 3/02 3/03 $1.3328 $1.3345 $1.3398 a margin call and on 3/03 you will a margin call from the exchange

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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Norwegian Krone (CME) - 2,000,000 Kroner; $ per contract. MONTH CHART LAST CHANGE PRIOR SETTLE OPEN HIGH LOW VOLUME JUN 2023 NOKM3 0.09586 -0.00064 (-0.66%) 0.09650 0.09662 0.09662 0.09581 67 3. Given the above information, calculate the dollar value of a Norwegian Krone SEP 2022 futures contract. 4. You hold securities in Australia valued at AUD (Australian Dollar) 55 million. How many SEP AUD futures should be bought or sold to hedge the foreign exchange risk. SEP AUD futures contracts (AUD 100,000 per contract) settled most recently at AUD 1.4202/$.
A trader bought two July futures contracts. Each contract is for the delivery of 1,000 barrels. The initial margin is $11,250 per contract and the maintenance margin is $9,000. Calculate the daily gain and loss and margin account balance from April 13, 2020 to April 15, 2020 and explain when the investor will receive a margin call and how much does he need to top up?
Please answer the next question based on the following Chase Bank's direct spot and forward markets quotes for MXN right now (1/1/XX), and expected quotes three months later (4/1/XX), and six months later (7/1/XX). Current Quotes 1/1/XX 0.2015 MXN Spot 3 Month Forward 0.2076 6 Month Forward 0.2107 On 1/1/XX, Dell bought a 6-month to Chase, Chase will pay. USD 225,800, MXN 1,000,000 O MXN 225,800; USD 210,700 USD 210,700; MXN 1,000,000 O MXN 1,000,000; USD 225,800 Expected Quotes 4/1/XX 7/1/XX 0.2034 0.216 0.2096 0.2225 0.2127 0.2258 forward contract of MXN 1,000,000 from Chase. Based on this contract, on 7/1/XX, Dell will pay to Dell. www.
Table 2.7 Corn futures prices on the Chicago Mercantile Exchange, January 3, 2019 Maturity Last Mar-19 May-19 Jul-19 Sep-19 Dec-19 Mar-20 Change High 3.8025 0.7500 3.8075 3.7975 3.8800 0.5000 3.8800 3.8750 3.9500 0.2500 3.9525 3.9450 3.9700 0.0000 3.9700 3.9650 4.0075 -0.5000 4.0100 4.0025 4.0975 0.0000 4.1000 4.0950 Low Source: www.cmegroup.com.
Today is January 1. The forward price for contracts maturing on April 1 is $104.4 and on October 1 is $111.6. On April 1, the price of a zero-coupon bond maturing on October 1 is $0.975. Assuming that the underlying interest rate is a continuously compounded interest rate and will not change, the amount of profit that you can make on October 1 by trading one contract each of the near and distant maturity forwards and other securities is: [round to two decimal places]
help fast please
A 2-year swap based on LIBOR is entered into on 30/6/2010 with current spot 3 month LIBOR at 0.54%. The swap is based on a notional principal of $100m What is the swap rate?
Consider the following prices, volume and open interest for gold futures contracts. Contract size: 100 oz Price units: $/oz (a) Which contract reached the highest price on this trading day? What was its contract value at that price? (b) Why is the high price equal to the low price for the contract expiring in October 2022?
Assume that the price of December 2021 corn futures is $4.65/bushel in February and $4.50 in October. If spot cash price in October is $4.55, what is the farmer's total revenue? Assume he entered into 20 contracts. Each corn contract is 5000 bushels.
Assume that on Friday August 1, you sell one Chicago Board of Trade September Treasury bond futures contract at the opening price of $97000. The initial margin requirement is $2500 and the maintenance margin requirement is $2000. The settlement price of the contract at closing on that day is $97500. Your margin account balance at the end of the day is $ . Question 15 options:

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