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On Monday Morning You Sell One June T-Bond Futures Contract

question 13

Multiple Choice

On Monday morning you sell one June T-bond futures contract at 97: 27 or for $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 answer the question. On Monday morning you sell one June T-bond futures contract at 97: 27 or for $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 answer the question.   On which of the given days do you get a margin call? A) Monday B) Tuesday C) Wednesday D) None On which of the given days do you get a margin call?


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Tax Refund

The amount of money returned to a taxpayer by the government when the taxpayer's total tax payments exceed their tax liability for a given year.

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A tax system where the tax rate remains constant regardless of the amount subject to tax.

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A tax levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

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Taxes withheld from income to fund Medicare, the United States' federal healthcare program for individuals aged 65 and older and some younger people with disabilities.

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