21. When a futures contract is settled, the traders are required to deposit funds in a...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
21. When a futures contract is settled, the traders are required to deposit funds in a margin account. The amount that must be deposited is known as (). A. initial margin B. maintenance margin C. variation margin 21. When a futures contract is settled, the traders are required to deposit funds in a margin account. The amount that must be deposited is known as (). A. initial margin B. maintenance margin C. variation margin
Expert Answer:
Answer rating: 100% (QA)
The detailed answer for the above question is provided below A futures contract is a binding commitm... View the full answer
Related Book For
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
Posted Date:
Students also viewed these finance questions
-
This problem is based on the information about the Murphy County General Fund budgeted and actual transactions and events described in Problem 4-2. In Problem 4-2, The Murphy County Commissioners...
-
This problem is based on a recent annual report of the City of Tucson. Dates have been changed. 1. The MD&A reports that the city's general obligation bonds were rated AA-by Standard & Poor's. What...
-
This problem is based on the 2008 annual report of Intel Corporation in the appendix. Required: a. Compute the following profitability measures for the year ended December 27, 2008: 1. Return on...
-
Tatum is a consultant at R.G. & Company (R.G.), a global consulting firm. She has enjoyed the past few years working at the company. As an ambitious person, she has been focusing on her long-term...
-
Benzoquinone is a very reactive dienophile. It reacts with 2- chloro-1,3-butadiene to give a single product, C10H9ClO2, in 95% yield. Write a structural formula for this product. Benzoquinone
-
a. Complete the table of values for y = |x 3| + 2. b. Draw the graph of y = |x 3| + 2 for 0 < x < 6. c. Describe the transformation that maps the graph of y = |x| onto the graph of y = |x 3|+ 2. X...
-
Linda Budd went searching for a new friend and she found one for \($400.1\) A brand new puppy. She purchased the puppy from Bernadette Vicidomine, a person who regularly sells puppies. Budd took her...
-
The stockholders equity section of Tootsie Roll Industries balance sheet is shown in the Consolidated Statement of Financial Position in Appendix A. You will also find data relative to this problem...
-
A customer enters a doctors office to acquire information about swine flu and the potential impact of the influenza. She speaks Creole and is lost in the building. Finally, she is able to locate a...
-
Herb and Alice are married and file a joint return. Herb is 74 years old and Alice is 70. Neither are blind. Both Herb and Alice are retired. Herb works part time as a greeter. Herb earned $15,000 in...
-
Restriction end nucleases can generate "sticky" ends. What makes an end sticky a. single-stranded bases seeking a complement. a. single-stranded bases seeking a complement b. blunt ends d. 5 ' cap c....
-
A new law is expected within the next four-to-five months that will affect the business's type of products. The next product launch is starting and should be completed within three months....
-
What is the difference between an expense and an expenditure? Study your chosen CAFR to determine the expenditures and expenses noted. List these and show the expenses as a total percentage of total...
-
4. (10 pts) Consider the problem of testing whether a machine has a redundant state, that is, one that is not reachable on any input string. Assume the alphabet is 0, 1, convert this problem into a...
-
For the polynomial below, -3 is a zero. h(x) = x3 + x - 7x - 3 Express h(x) as a product of linear factors. h(x) = 0
-
In spring 2020, COVID required that your teams had to go virtual. Look back at one of these groups. Why was your team successful/unsuccessful? After the reading, why do you think this was the case?
-
The RideEm Bicycles factory can produce 130 bicycles in a day at a total cost of $10,700. It can produce 150 bicycles in a day at a total cost of $11,300. What are the company's daily fixed costs (in...
-
Aztec Furnishings makes hand-crafted furniture for sale in its retail stores. The furniture maker has recently installed a new assembly process, including a new sander and polisher. With this new...
-
What is an auxiliary enterprise? How is it accounted for and reported by colleges and universities?
-
Following is the adjusted trial balance of the Community Association for Handicapped Children, a nongovernment voluntary health and welfare organization, at June 30, 20X6: *Other informationnot...
-
The December 31, 20X1, preclosing trial balance of the St. Louey Independent School District DSF is presented shown below. Prepare the Statement of Revenues, Expenditures, and Changes in Fund Balance...
-
Consider the dynamic system, a mass, spring and damper structure, shown in Figure 2.2. (a) Draw a free-body diagram for the dynamic system (b) Derive the Input-Output model of the dynamic system k...
-
Two connected cars with an applied input force \(u(t)\) and negligible rolling friction can be represented by a translational mechanical system as shown below. (a) Draw the free-body diagrams of this...
-
Consider an RLC circuit consisting of a resistor \((R)\), an inductor \((L)\), and a capacitor \((C)\), connected in series, as depicted in Figure 2.4. Derive the Input-Output model of the network....
Study smarter with the SolutionInn App