Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. . an investor has a $1 million long position in t-

. An investor has a $1 million long position in T-bond futures. The investor's broker...

50.1K

Verified Solution

Question

Accounting

image

. An investor has a $1 million long position in T-bond futures. The investor's broker requires a maintenance margin of 4%, or $40,000 ($1m x 0.04), which is the amount currently in the investor's account. Suppose the value of the futures contracts drops to $970,000. The investor needs to write a check of $ ( futures exchange for the marked to market IMR and MMR, the investor's account a. 10,000 b. 20,000 c. 28,800 d. 32,200 e. 31645 f. 38880 g. 61450 Oh. 43250 ) to the

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Calculate the pH for each of the following cases in the titration of 25.0 mL of...

Chemistry
Q

Dr. Woodley is trying to explain the concepts of resting membrane potential, equilibrium potential, and membrane...

Medical Sciences
Q

At 25°C, the standard enthalpy of combustion of gaseous propane (C3H8) is –2219.0 kJ per mole...

Chemistry
Q

Radius of a bubble at the bottom of the tank shown below was found to...

Physics
Q

Two identical particles of mass M and charge Q are placed at same distance If...

Physics
Q

A simple pendulum has length 2m and a bob of mass 100 gram It is...

Physics
Q

That is the five number summary for the data sel 340 245 322 766 88...

Basic Math
Q

Systems 1 Create three different scenarios that can be modeled using linear systems 2 Solve...

Basic Math
Q

Using the Fourier transform solve the following ordinary differential equatio y y g t

Calculus
Q

please help with 1 and 2 Required information [The following...

Accounting
Q

TE Connectivity sold manufacturing equipment for $21,000. TE Connectivity originally purchased the equipment for $85,000,...

Accounting
Q

Required information Great Adventures Problem AP6-1 (The following information applies to the questions displayed below.)...

Accounting