You Sell One December Futures Contracts When the Futures Price

question 13

Multiple Choice

You sell one December futures contracts when the futures price is $1,010 per unit.Each contract is on 100 units and the initial margin per contract that you provide is $2,000.The maintenance margin per contract is $1,500.During the next day the futures price rises to $1,012 per unit.What is the balance of your margin account at the end of the day?

• A) $1,800
• B) $3,300
• C) $2,200
• D) $3,700

Identify tools and strategies for online team collaboration.

Appreciate the significance of informational and procedural dimensions within teams.

Recognize the importance of feedback and conflict resolution strategies for team effectiveness.

Understand the advantages of diversity in teams and strategies to leverage it.

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Definitions:

Social-Learning Approach

A theory that suggests individuals learn behaviors and attitudes through observation, imitation, and modeling from others in their environment.

Behaviorist Approach

A psychological perspective focused on observable behaviors and the external stimuli that influence them, often dismissing internal mental processes.

Cognitive-Behaviorist Approach

A therapeutic strategy that combines the understanding of cognitive processes and behavioral techniques to modify dysfunctional thoughts and behaviors.

Locus of Control

A psychological concept referring to the extent to which individuals believe they have control over the events affecting their lives.