Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
yosie yosie
wrote...
Go to Answer
Posts: 121
Rep: 0 0
2 years ago
Eric has just purchased a heating oil contract at $2.05 per gallon.  The contract size is 21,000 gallons. Initial margin is $6,075; maintenance margin is $4,500.  If the price of heating oil is $2.15 when the contract expires, Eric's percentage profit or loss is

▸ 4.88% profit.

▸ 4.88% loss.

▸ 9.23% loss.

▸ 34.57% profit.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
Read 75 times
1 Reply
Replies
Answer verified by a subject expert
Marinaanderson0Marinaanderson0
wrote...
#1
Posts: 141
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

yosie Author
wrote...

2 years ago
this is exactly what I needed
ezsancheezy
wrote...

Yesterday
Smart ... Thanks!
husne
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1220 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 456
  
 213
  
 1281
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Should Ph.D.'s be addressed as doctors?