Question: please answer asap no need the complete process thank you The current value of an S&R futures is $1858.80. You buy 8 futures on the
please answer asap no need the complete process thank you
The current value of an S&R futures is $1858.80. You buy 8 futures on the S&R and the contract size is $438. The margin is settled on a weekly basis and the margin is 10% of the notional value. Margin calls are made as soon as the margin is below 76% of the initial margin level. We assume that r = 2% and observe the following futures prices: Week 0 1 2 Futures Price $1858.80 $1684.27 $1671.71 (a) Calculate the additional margin payment at time 1. (b) Calculate the additional margin payment at time 2. (c) Calculate the profit of the forward after two weeks. (d) Calculate the profit of the future after two weeks. (A) 611300.56 (B) 611299.56 (C) 611302.56 (D) 611298.56 (E) 611301.56 (a): Select 1 Part (a) choices. (A) 655295.41 (B) 655296.41 (C) 655299.41 (D) 655298.41 (E) 655297.41 b): Select v 1 Part (b) choices. (A) -655567.36 (B) -655566.36 (C)-655564.36 (D) -655565.36 (E)-655563.36 c): Select Part (c) choices. (A) -655797.62 (B) -655798.62 (C) -655794.62 (D) -655795.62 (E) -655796.62 The current value of an S&R futures is $1858.80. You buy 8 futures on the S&R and the contract size is $438. The margin is settled on a weekly basis and the margin is 10% of the notional value. Margin calls are made as soon as the margin is below 76% of the initial margin level. We assume that r = 2% and observe the following futures prices: Week 0 1 2 Futures Price $1858.80 $1684.27 $1671.71 (a) Calculate the additional margin payment at time 1. (b) Calculate the additional margin payment at time 2. (c) Calculate the profit of the forward after two weeks. (d) Calculate the profit of the future after two weeks. (A) 611300.56 (B) 611299.56 (C) 611302.56 (D) 611298.56 (E) 611301.56 (a): Select 1 Part (a) choices. (A) 655295.41 (B) 655296.41 (C) 655299.41 (D) 655298.41 (E) 655297.41 b): Select v 1 Part (b) choices. (A) -655567.36 (B) -655566.36 (C)-655564.36 (D) -655565.36 (E)-655563.36 c): Select Part (c) choices. (A) -655797.62 (B) -655798.62 (C) -655794.62 (D) -655795.62 (E) -655796.62
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