a) If you had sold 11 FKLI at 1850 and FKLI contracts closed at 1750, what...
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a) If you had sold 11 FKLI at 1850 and FKLI contracts closed at 1750, what is your profit or loss (in $) after transaction cost of $30 and settlement cost of $1? b) You had an initial capital of $1 million. you invested in a basket of index linked stocks that tracks the performance of the FBM KLCI when the FBM KLCI was 1850, what is your loss/gain (in $) when FBM KLCI is at 1750 after taking into account transaction costs of 0.755% per one way? a) If you had sold 11 FKLI at 1850 and FKLI contracts closed at 1750, what is your profit or loss (in $) after transaction cost of $30 and settlement cost of $1? b) You had an initial capital of $1 million. you invested in a basket of index linked stocks that tracks the performance of the FBM KLCI when the FBM KLCI was 1850, what is your loss/gain (in $) when FBM KLCI is at 1750 after taking into account transaction costs of 0.755% per one way?
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Answer rating: 100% (QA)
a Your profit or loss is 95 calculated as follows 11 contracts x 18 50 17 50 1100 ... View the full answer
Related Book For
Essentials of Federal Taxation 2018
ISBN: 9781260007640
9th edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
Posted Date:
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