Construct a table showing the charges and credits

Assignment Help Finance Basics

Reference no: EM131291018

Suppose that you buy a stock index futures contract at the opening price of 452.25 on July 1. The multiplier on the contract is 500, so the price is $500 (452.25) = $226,125. You hold the position open until selling it on July 16 at the opening price of 435.50. The initial margin requirement is $9,000, and the maintenance margin requirement is $6,000. Assume that you deposit the initial margin and do not withdraw the excess on any given day. Construct a table showing the charges and credits to the margin account. The daily prices on the intervening days are as follows:

Reference no: EM131291018

Questions Cloud

How can disintermediation be a benefit to businesses : How can disintermediation be a benefit to businesses and consumers both?Identify an example of a business which has implemented the process of disintermediation in the past.

How can companies lessen or prevent dissatisfaction : If you were to engage in selective coding, what overarching theme or perspective do you think would integrate your categories?

What are objectives of federal regulation of future markets : What are the objectives of federal regulation of future markets?

What stakeholders roles are with regard to the externality : Analyze the different stakeholders (i.e., government, three affected parties) that are involved in the externality, and identify what their roles are with regard to the externality.

Construct a table showing the charges and credits : Suppose that you buy a stock index futures contract at the opening price of 452.25 on July 1. The multiplier on the contract is 500, so the price is $500 (452.25) = $226,125.

Explore disney website : Explore Disney's Website. Prepare a short report responding to the following questions. Describe how Disney handles employee training and development.

Describe the strengths of a single-payer healthcare system : Define a single-payer system and identify a country where it is used. Using demonstrated research findings, describe the strengths and weaknesses of a single-payer healthcare system.

Prevent debbie from resigning : 1. If you were unable to prevent Debbie from resigning, what strategies ( motivational or otherwise) might you employ in the future to prevent a similar situation?

What is an ethical way of conducting layoffs : What is an ethical way of conducting layoffs? Do you believe that it is an organization's ethical obligation to share all information about the planned changes with employees? Why or why not?

User Account

All Pages