A Company Enters into a Short Futures Contract to Sell

question 19

Multiple Choice

A company enters into a short futures contract to sell 50,000 units of a commodity for 70 cents per unit.The initial margin is $4,000 and the maintenance margin is $3,000.What is the futures price per unit above which there will be a margin call?

• A) 78 cents
• B) 76 cents
• C) 74 cents
• D) 72 cents

Familiarize with Access tools and commands for maintaining, printing, and creating relationships in databases.

Understand the creation and function of calculated fields and multilookup fields, and the implications for database design and functionality.

Understand how to create and modify database queries in Access.

Learn how to manage table relationships and enforce referential integrity.

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