Please help me.f Use the following corn futures quotes:Contract MonthMarchMayJulySeptembera. How many of the July contracts are currently open?ContractsCorn 5,000 bushelsHighLowChange-2.750OpenSettle455.125 457.000 451.750 452.000467.000 468.000 463.000 463.250 -2.750477.000 477.500 472.500 473.000 -2.000475.000 475.500 471.750 472.250 -2.000Contracts29,258PriceOpen Interest597,913137,547b. How many of these contracts should you sell if you wish to deliver 125,000 bushels of corn in July?153,16429,258c. If you actually make delivery, how much will you receive? Assume you locked in the settle price.Note: Do not round intermediate calculations. Round your answer to the nearest whole number.

Futures contracts play a crucial role in commodities trading, allowing participants to hedge risks…

Use the following corn futures quotes: Contract Month March May July September a. How many of the July contracts are currently open? Contracts Corn 5,000 bushels High Low Change -2.750 Open Settle 455.125 457.000 451.750 452.000 467.000 468.000 463.000 463.250 477.000 477.500 472.500 473.000 -2.000 475.000 475.500 471.750 472.250 -2.000 -2.750 Contracts 29,258 Open Interest 597,913 137,547 153,164 29,258 b. How many of these contracts should you sell if you wish to deliver 125,000 bushels of corn in July? c. If you actually make delivery, how much will you receive? Assume you locked in the settle price. Note: Do not round intermediate calculations. Round your answer to the nearest whole number.

Use the following corn futures quotes: Contract Month March May July September a. How many of the July contracts are currently open? Contracts Corn 5,000 bushels High Low Change -2.750 Open Settle 455.125 457.000 451.750 452.000 467.000 468.000 463.000 463.250 477.000 477.500 472.500 473.000 -2.000 475.000 475.500 471.750 472.250 -2.000 -2.750 Contracts 29,258 Open Interest 597,913 137,547 153,164 29,258 b. How many of these contracts should you sell if you wish to deliver 125,000 bushels of corn in July? c. If you actually make delivery, how much will you receive? Assume you locked in the settle price. Note: Do not round intermediate calculations. Round your answer to the nearest whole number.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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You bought a futures contract for $2.60 per bushel and the contract ended at $2.70 after several days of trading with the following close prices each day: $2.52, $2.57, $2.62, $2.68, and $2.70. What would the mark to market sequence be? A. -.08, .05, .05, .06, .02 B. .08, -.05, -.05, -.06, -.02 C. .08, .03, -.02, -.06, -.10 D. -.08, -.03, .02, .06, .10 E. .10, .06, .02, -.03, -.08
Given the following information for December 24 corn futures, identify the "In the Money", "At The Money", and "Out of the Money" 22 puts and Calls. The December 24 futures price is $4.71. Also, calculate the intrinsic and extrinsic values of the premiums. 24 25 26 27 28 29 30 31 32 33 34 35 36 37 \table[[Strike,Premium],[Prices,Puts,Monies],[5.2,0.655,Out],[5.1,0.583,In],[5,0.513,At],[4.9,0.447,Out],[4.8,0.386,],[4.7,0.33,],[4.6,0.276,],[4.5,0.227,],[4.4,0.185,],[4.3,0.147,]] \table[[Puts,,],[Intrinsic,Extrinsic,Calls],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
On a particular day, there were 2, 000 trades in a particular futures contract. This means that there were 2,000 buyers (going long) and 2,000 sellers (going short). Of the 2,000 buyers, 1,400 were closing out positions and 600 wereentering into new positions. Of the 2, 000 sellers, 1, 200 were closing out positions and 800 were entering into newapositions. What is the overall impact of the day's trading on open interest? (please show necessary calculations)
On a particular day, the S&P 500 futures settlement price was 899.30. You buy one contract at the settlement price at around the close of the market. The next day the contract opens at 899.70, and the settlement price at the close of the day is 899.10. Determine the value of the futures contract at the opening, an instant before the close, and after the close. Remember that the S&P futures contract has a $250 multiplier.
Assume that on Friday August 1, you sell one Chicago Board of Trade September Treasury bond futures contract at the opening price of $97000. The initial margin requirement is $2500 and the maintenance margin requirement is $2000. The settlement price of the contract at closing on that day is $97500. Your margin account balance at the end of the day is $ . Question 15 options:
A trader bought two July futures contracts. Each contract is for the delivery of 1,000 barrels. The initial margin is $11,250 per contract and the maintenance margin is $9,000. Calculate the daily gain and loss and margin account balance from April 13, 2020 to April 15, 2020 and explain when the investor will receive a margin call and how much does he need to top up?
Suppose that the 3-month futures price of corn is £2.00 (£2 per bushel). The cost-of-carry for this contract is 10%. Under the theory of cost of carry, what is the value of a 6-month futures corn contract?
Futures contracts are “marked to market”: *A. at the end of every day.B. at the end of every week.C. at the end of every month.D. twice daily, at noon and at market close.
You placed $120,000 in your future trading account have just bought your first HSI June 2023 futures contract today @ 19,652, at market close the HSI June 2023 future closed at 19,534. Currently the initial margin for HSI is $101,944, the maintenance margin is $81,555. HSI futures is $50 per index point. What is you margin account balance as of market closed today? Please write out the detailed calculation steps
A company enters into a short futures contract to sell 10,000 units of a commodity for $0.5 per unit. The initial margin is $5000 and the maintenance margin is $3000. When will there be a margin call? Question 1Answer a. As soon as the futures price exceeds $0.7 per unit. b. As soon as the futures price exceeds $0.8 per unit. c. As soon as the futures price exceeds $0.5 per unit. d. As soon as the futures price exceeds $0.6 per unit.
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 determine the balance on your margin account after Monday's close. Day Settle Monday $ 97,406.25 Tuesday $ 98,000.00 Wednesday $ 100,000.00 $2,700 $2,000 $3,137.50 $2,262.50 97406.25
Assume that on Friday August 1, you buy one Chicago Board of Trade September Treasury bond futures contract at the opening price of $97,800. The initial margin requirement is $2,500 and the maintenance margin requirement is $2,000. The settlement price of the contract at closing on that day is $97,400. The settlement price of the contract at closing on the next business day (August 4) is $98,000. Your margin account balance at the end of the day on August 4 is $ . Question 23 options:

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