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NEW QUESTION: 1
A fund manager buys a gold futures contract at $1000 per troy ounce, each contract being worth 100 ounces of gold. Initial margin is $5,000 per contract, and the exchange requires a maintenance margin to be maintained at $4,000 per contract. What is the most prices can fall before the fund manager faces a margin call?
A. $20 per ounce
B. $0 per ounce
C. $1,000 per ounce
D. $10 per ounce
Answer: D
Explanation:
Explanation
The most loss the fund manager can bear without facing a margin call is the loss that will make his margin balance account no lower than $4,000. This means he can have a loss of upto $1,000 before a margin call is triggered, implying that prices can fall by $10 per ounce (=$1,000/100 ounces per contract) without triggering a margin call. The margin call will be to top the margin up to the $5,000 initial margin.
NEW QUESTION: 2
Refer to the exhibit. Which lines represent a CIP connection being established between two devices?
A. 2918 and 2921
B. 2937 and 2940
C. 2920 and 2924
D. 2914 and 2915
Answer: A
NEW QUESTION: 3
Welche Schritte sind erforderlich, um eine Substitution in der Finanzbuchhaltung zu erstellen? Es gibt 3 richtige Antworten auf diese Frage
A. Wählen Sie den richtigen Anrufpunkt
B. Aktivieren Sie die Ersetzungsregel
C. Ordnen Sie die Substitutionsregel dem Kontrollbereich zu
D. Definieren Sie die Substitutionsregel mit ihren verschiedenen Schritten mithilfe des Formeleditors
E. Wählen Sie den Anwendungsbereich GL
Answer: B,D,E
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