Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

Assume that Gold had a price on day zero of $2,100/ounce

Assume that Gold had a price on day zero of $2,100/ounce and that
both the short and long futures position initially were required to post a margin of $4,500. On day one the price of gold changes to $2,100. What is new value of the long futures margin account?

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"