Question A .In April you bought two futures contracts on FOJC when the future price was US 286 cents per pound with an initial margin of US$5,000 per contract. Each contract is for delivery of 15,00 pounds. If your maintenance margin is US$3,750, what price change in FOJC would lead to a margin call? Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line
Question A .In April you bought two futures contracts on FOJC when the future price was US 286 cents per pound with an initial margin of US$5,000 per contract. Each contract is for delivery of 15,00 pounds. If your maintenance margin is US$3,750, what price change in FOJC would lead to a margin call? Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line
Chapter10: Measuring Exposure To Exchange Rate Fluctuations
Section: Chapter Questions
Problem 33QA
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.In April you bought two futures contracts on FOJC when the future price was US 286 cents per pound with an initial margin of US$5,000 per contract. Each contract is for delivery of 15,00 pounds. If your maintenance margin is US$3,750, what price change in FOJC would lead to a margin call?
Full explain this question and text typing work only
We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line
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