Short position on one contract of silver futures

Assignment Help Financial Management
Reference no: EM131903950

You opened a short position on one contract of silver futures for November settlement at a price of $15.10 per ozt (troy ounce). Today November futures are trading at $15.90/ozt. What is your net profit on this position?

One silver futures contract is for 5,000 troy ounces. Ignore trading fees.

Reference no: EM131903950

Questions Cloud

What is operating cash flow for project in year two : You are evaluating a project for The Tiff-any golf club, guaranteed to correct that nasty slice. What is the operating cash flow for the project in year 2?
Broker maintenance margin requirement : Your broker's maintenance margin requirement is 30%. What must be the share price of AAPL for you to get a margin call?
Used by employer sponsored long term disability insurance : Which definition is most often used by employer sponsored long term disability insurance?
Replacing their current fleet of delivery vehicles : Your company is contemplating replacing their current fleet of delivery vehicles with Nissan NV vans.
Short position on one contract of silver futures : You opened a short position on one contract of silver futures for November settlement at a price of $15.10 per ozt (troy ounce).
Company report as expense for options on income statement : The company pays no dividends and the risk free rate is 4%. What will the company report as an expense for the options on its income statement?
What is your net return from this position : what is your net return from this position?
Calculate the irr of cash flow based on actual dollars : Calculate the IRR of the cash flow based on actual dollars. calculate the amount that is borrowed and that goes to the principal on the debt in years 1 and 2."
Assuming that highest interest rate : Assuming that the highest interest rate you can obtain is a simple annual (no compounding) 8.5% per year over the ten-year period?

Reviews

Write a Review

Financial Management Questions & Answers

  Prepare an income statement for case

Prepare a condensed cost of goods manufactured schedule for Case 1.Prepare an income statement for Case 1.

  Compute the internal rate of return on the investment

An investment of $60,000 is expected to return $26,00 in 6 months and $41,000 in 1 year. (a) compute the net present value of the investment at a rate of 14%. Is this investment attractove at this rate? (b) Compute the internal rate of return on the ..

  What is the aftertax cost of debt and pretax cost of debt

Shanken Corp. issued a bond with a maturity of 15 years and a semiannual coupon rate of 6 percent 2 years ago. The bond currently sells for 95 percent of its face value. The company’s tax rate is 35 percent. What is the pretax cost of debt? What is t..

  Describe why operational and financial metrics

describe why operational and financial metrics are important for managers to both understand and utilize.

  Saying the firm is under-valued or over-valued

Compute the return the firm should earn given its level of risk and determine whether the manager is saying the firm is under-valued or over-valued.

  Examples of opportunity costs and incremental cash flows

What are examples of opportunity costs and incremental cash flows? How does the cash flow of a project impact whether or not a company pursues a certain project? Give an example of how you would employ the different capital budgeting techniques to a ..

  How much will the cost of carrying receivables increase

If Hamilton changes its credit policy to net 45, by how much will the cost of carrying receivables increase?

  How would the firm cost of equity change if at all

How would the firm’s cost of capital change if at all? How would the firm’s cost of equity change if at all?

  Using what you know about perpetuities

Using what you know about perpetuities, please set-up the equation that could be used to calculate the IRR of this plant project.

  Calculate the federal income tax for the year

Determine Seminole's taxable income and calculate the federal income tax for the year.

  Calculate the schedule variance-schedule performance index

Calculate the schedule variance, schedule performance index, and cost (actually revenue in case) variance and cost (actually revenue here) performance index.

  The use of information systems and technology

The Apple Corporation is known for its innovation. Some of its major contributions to technology in the last 10 years has been the iPod, iPad, and iPhone. What are your observations about how Apple gained competitive advantage with the use of informa..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd