Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. answer is d i need solution you take a short po

answer is d i need solution You take a short position in...

70.2K

Verified Solution

Question

Finance

answer is d i need solution image
You take a short position in 3 futures contracts on WIG20 on the Warsaw Stock Exchange. The current contract price is 2023. The maintenance margin is \6.5 of the contract value and the initial margin is \15 higher than the maintenance margin. What amount do you need to deposit in the margin account when you take the position? Remember the correct multiplier for these contracts on the WSE. a) 3024.38 PLN. b) 453.66 PLN. c) 4536.58 PLN. d) 9073.15 PLN

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

How is the global foreign exchange market structured? Are digital telecommunications replacing people? Please try to respond...

Finance
Q

The Red Queen hypothesis is considered to be a special example of balancing selection. Which kind...

Biology
Q

Use the Web to find an business's antivirus policies. What changes would you recommend to that...

General Management
Q

What is true about the gene pool of a population OA The product of its...

Biology
Q

Write the following complex number in rectangular form 8 cos 240 i sin 240 The...

Basic Math
Q

From the graph below write the shaded region in inequality notation 6 6 5 4...

Algebra
Q

please help me understand GrandScapes is a manufacturer of large flower...

Accounting
Q

Delta Company produces a single product. The cost of producing and selling a single unit...

Accounting
Q

You've estimated the following cash flows (in \$) for two projects: The required return for...

Accounting
Q

The legitimate claims of a business's creditors take precedence over the claims of the business...

Accounting
Q

PLease note: For this question: Solutions are 10 to 20 sentences required. Question: Solution required...

Accounting
Q

William comes up with a completely unique way to kill mosquitos the moment they touch...

Accounting