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# You sell a futures contract at a price of \$245. You are required to pay an initial margin of \$100. On the first day of trading after you sell the...

1.You sell a futures contract at a price of \$245.  You are required to pay an initial margin of \$100.  On the first day of trading after you sell the contract, the price falls to \$180.  How much do you have to pay by the following day when your position is "marked to market"?

a) \$0. (b) \$15 (c) \$65 (d) \$180

You sell a futures contract at a price of \$245.  You are required to pay an initial margin of \$100.  On the first day of trading after you sell the contract, the price went to \$280.  How much do you have to pay by the following day when your position is "marked to market"?

a) \$0. (b) \$15 (c) \$65 (d) \$180

how to analysis this question

You buy a futures contract at a price of \$245.  You are required to pay an initial margin of \$100.  On the first day of trading after you sell the contract, the price falls to \$180.  How much do you have to pay by the following day when your position is "marked to market"?

a) \$0. (b) \$15 (c) \$65 (d) \$180

You buy a futures contract at a price of \$245.  You are required to pay an initial margin of \$100.  On the first day of trading after you sell the contract, the price went to \$280.  How much do you have to pay by the following day when your position is "marked to market"?

a) \$0. (b) \$15 (c) \$65 (d) \$180

can you explain me this question

When the price falls to \$180, the... View the full answer

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