Business, 26.12.2019 04:31 jasminejohnson4330
Yesterday, you entered into a futures contract to sell €62,500 at $1.50 per €. your initial performance bond is $1,500 and your maintenance level is $500. at what settlement price will you get a demand for additional funds to be posted?
a. $1.5160 per €.
b. $1.208 per €.
c. $1.1920 per € .
d. $1.1840 per €.
Answers: 2
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