Question 2-7 are based on the followingseries of futures price(F(0),F(1),...F(6)): Day 0:F(0)=$212 Day 1:F(1)=$211 Day 2:F(2)=$214 Day3:F(3)=$209
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Question:
Question 2-7are based on the followingseries of futures price(F(0),F(1),...F(6)):
Day 0:F(0)=$212
Day 1:F(1)=$211
Day 2:F(2)=$214
Day3:F(3)=$209
Day 4:F(4)=$210
Day5:F(5)=$202
Day6:F(6)=$200
Suppose you are going to long 20contracts.The initial margin=$10 per contract, and the maintenance margin is$2.
QUESTION 4
- Using the same set of information from Question 2,figure out what is the first day,on which,you receive margin call and need to put extra money into the trading account?
14.28 points
QUESTION 5
- Using the same set of information from Question2, answering what is the additional fund that needs to put into account on Day 6?
14.28 points
QUESTION 6
- Using the same set of information from Question2,answering what is the ending balance at Day 6?
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