Your futures account had equity of $20,000.00 at the start. Given the following positions, what is the
Fantastic news! We've Found the answer you've been seeking!
Question:
- Your futures account had equity of $20,000.00 at the start. Given the following positions, what is the account's CURRENT equity balance?
POSITIONS | QTY | Cost | Price | Initial Equity |
Sep Wheat | 5 | 572'0 | 559'2 | $6,875.00 |
Dec Gold | 1 | $1,554.70 | $1,666.50 | $5,500.00 |
Dec Cocoa | 2 | $2,526.00 | $2,756.00 | $4,180.00 |
Cash | - | - | - | $3,445.00 |
TOTAL | $20,000.00 |
Posted Date: