48、The following information relates to a futures market contract: Initial futures price on Day 0 | $100 | Initial margin requirement | $5 | Maintenance margin requirement | $3 | Settlement price on Day 1 | $103 | Settlement price on Day 2 | $96 | Settlement price on Day 3 | $98 |
If no funds are withdrawn and margin calls are met at the beginning of the next day, the ending balance on Day 3 for an investor with a short position of 10 contracts is closest to: A. $50. B. $70. C. $80. D. $100.
[此贴子已经被作者于2008-11-7 13:08:27编辑过] | 
发表于 2008-5-27 15:21
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