Your futures account had equity of $20,000.00 at the start. Given the following positions, what is...

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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 Sep Wheat Dec Gold Dec Cocoa Cash TOTAL QTY 5 1 2 Cost 572'0 $1,554.70 $2,526.00 Price 559¹2 $1,666.50 $2,756.00 Initial Equity Pr/Loss Current Eq. -$3,200.00 $11,180.00 $2,300.00 $6,875.00 $5,500.00 $4,180.00 $3,445.00 $20,000.00 ? ? ? ? ? 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 Sep Wheat Dec Gold Dec Cocoa Cash TOTAL QTY 5 1 2 Cost 572'0 $1,554.70 $2,526.00 Price 559¹2 $1,666.50 $2,756.00 Initial Equity Pr/Loss Current Eq. -$3,200.00 $11,180.00 $2,300.00 $6,875.00 $5,500.00 $4,180.00 $3,445.00 $20,000.00 ? ? ? ? ?

Answer rating: 100% (QA)

NET VALUE AS PER GIVEN DATA ITEMS TOTAL UN UNITQUANTITY PRICE WHEAT 5 UNITS 1UNIT5000bu GOLD 1 ... View the full answer