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Assume that you own a small boutique hotel.In an attempt to raise revenue, you reduce your rates by 20 percent.However, your revenue falls.What does this indicate about the demand for your boutique hotel rooms?
Maintenance Margin
The minimum amount of equity that must be maintained in a margin account to cover potential losses.
T-bill Rate
The yield or interest rate on Treasury bills, which are short-term debt securities issued by the U.S. government.
Futures Contract
A standardized legal agreement to buy or sell a particular commodity or financial asset at a predetermined price at a specified time in the future.
Spot Price
The present market cost at which an asset can be purchased or sold for instant delivery.
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