In: Finance
On Monday morning you sell one June T-bond futures contract at
$98,622.75. The contract's face value is $100,000. The initial
margin requirement is $2,700, and the maintenance margin
requirement is $2,000 per contract. Use the following price data to
answer the following questions.
Day | Settle | ||
Monday | $ | 97,866.25 | |
Tuesday | $ | 98,568.00 | |
Wednesday | $ | 100,000.00 | |
The balance in your margin account after Wednesday will be $
_______.
Multiple Choice
1,322.75
1,768.45
383.86
543.75
On Monday morning you sell one June T-bond futures contract at
$97,843.75. The contract's face value is $100,000. The initial
margin requirement is $2,700, and the maintenance margin
requirement is $2,000 per contract. Use the following price data to
answer the following questions.
Day | Settle | ||
Monday | $ | 97,406.25 | |
Tuesday | $ | 98,000.00 | |
Wednesday | $ | 100,000.00 | |
At the close of day on Tuesday your cumulative rate of return on
your investment is _____.
Multiple Choice
−0.16%
−5.8%
−2.2%
16.2%
The initial margin requirement of an interest rate futures contract is 11% with a price of $128,547. The futures is worth $100,000 per contract. The percentage profit/loss of the investor with a short position of this futures will be _________ if the futures price becomes $126,000.
Multiple Choice
29.01% loss
18.01% loss
29.01% profit
18.01% profit
You shorted two S&P 500 index futures contracts at 1,558 two weeks ago. Your profit/loss will be $ _____________ if currently the S&P 500 futures price is at 1,562, assuming each S&P 500 index futures contract is worth $1,000? (Put a negative sign "-" in front of the number if it is a loss.)