Coffee Bean Short 12 June Black coffee two months ago at $80 per pound. Each contract...
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Coffee Bean Short 12 June Black coffee two months ago at $80 per pound. Each contract size has 5 boxes, comprising 20 pounds of black coffee. The investor must set aside an initial margin of 6% based on the total contract value and sustain 80% of the initial margin throughout the contract's duration. Compute at what price Coffee Bean will be triggered by a margin call. Coffee Bean Short 12 June Black coffee two months ago at $80 per pound. Each contract size has 5 boxes, comprising 20 pounds of black coffee. The investor must set aside an initial margin of 6% based on the total contract value and sustain 80% of the initial margin throughout the contract's duration. Compute at what price Coffee Bean will be triggered by a margin call.
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Related Book For
Managerial Accounting
ISBN: 978-0133025071
2nd canadian edition
Authors: Karen W. Braun, Wendy M. Tietz, Rhonda Pyper
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