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Yesterday,you Entered into a Futures Contract to Buy €62,500 at $1.50

question 48

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Yesterday,you entered into a futures contract to buy €62,500 at $1.50 per €.Your initial performance bond is $1,500 and your maintenance level is $500.At what settle price will you get a demand for additional funds to be posted?

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Definitions:

Organizational Goals

Objectives or targets that an organization aims to achieve, which guide its operational and strategic planning.

Reinforcement Theory

A theory in psychology that suggests behavior is motivated by its consequences, with reinforcements used to either increase or decrease the likelihood of a behavior’s occurrence.

Motivate Employees

The process of encouraging and inspiring workers to improve their performance or to achieve specific goals through various strategies and incentives.

Expectancy Theory

Expectancy Theory is a motivational theory that suggests an individual’s behavior is determined by their expected outcomes and the attractiveness of those outcomes.

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