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You Have a Long Futures Position on an Asset with a Settlement

question 79

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You have a long futures position on an asset with a settlement price of $30.00 and a contract expiration date of 6-months from now.If the settlement price of the contact is $30.08 tomorrow,then what cash flow will take place if you assume that the initial margin was zero?


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Per Capita Income

Represents the average income earned per person in a given area in a specified year.

Standard Of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area.

Per Capita Income

The average income earned per person in a given area in a specified year, often used to gauge the economic prosperity of a population.

Tariff Barriers

Taxes imposed on imported goods to protect domestic industries from foreign competition and raise government revenue.

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