Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
citycyborg citycyborg
wrote...
Go to Answer
Posts: 138
Rep: 0 0
2 years ago
Fred has just sold short 3 contracts of May wheat on the CBT. These are 5,000 bushel contracts. The initial deposit is $1,500 per contract with a maintenance margin of $1,200.
(a)What is Fred's total initial margin?
(b)How much of an increase in the price of wheat is necessary to cause a margin call?
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
Read 50 times
1 Reply
Replies
Answer verified by a subject expert
kniemeier2kniemeier2
wrote...
#1
Posts: 153
Rep: 0 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

citycyborg Author
wrote...

2 years ago
Thanks
annakc
wrote...

Yesterday
Thanks
lipop
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  895 People Browsing
 190 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 278
  
 32
  
 4423
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Which of the following is the best resource to supplement your studies: