Today is 5 September 2019 and you are long a future contract on a dividend-paying stock with the current price of R150 and has maturity of 10months. The stock is expected to pay dividends of R2 and R2. 5 in 3 months and 6 months from now, respectively. What will be the profit /loss and margin account levels for your positions on 5th October 2019 if the price of the stock increases to R165?

Answer rating: 100% (QA)

5 septemeber 2019 stock price 150 if s... View the full answer