Assume the Initial Margin on a Swiss Franc Futures Contract

question 46

Multiple Choice

Assume the initial margin on a Swiss franc futures contract is $2,000. If an individual purchases a contract at $0.78 per franc and the contract involves 125,000 Swiss francs, what return on invested capital will the investor receive if the price per franc moves to $0.80?

• A) 3%.
• B) 100%.
• C) 50%.
• D) 125%.

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Status Offense

A noncriminal act that is considered a violation of the law only because of the age of the offender, such as truancy or curfew violations.

Status Offense

An action that is considered a violation of the law only because of the age of the perpetrator, such as truancy or underage drinking.

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