2. Hesterday you entered into a futures contract to buy 62.500 at $1.50 per .Suppose...
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2. Hesterday you entered into a futures contract to buy 62.500 at $1.50 per .Suppose the futures price closes today at $1.46. How much have you made/lost? A. Depends on your margin balance. B. You have made $2,500.00. C. You have lost $2,500.00. D. You have neither made nor lost money, yet. 3. 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 settle price will you get a demand for additional funds to be posted? (if your bond fells 1000 in value to 500, you will get a demand, -1000 (62500x1.5)-(62500xx), x 1.516) A. $1.5160 per . B. $1.208 per . C. $1.1920 per . D. $1.1840 per . 4. If you think that the dollar is going to depreciate against the euro, you should buy put options on the euro. B. sell call options on the euro. C, buy call options on the euro. D. none of the above A
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