Homework Answers
Please provide rating...
| Its not mentioned in the question as to what price future is bought we are assuming that future is bought on Time 1 @ 2555 | ||||||
| Time | S&P 500 Future price | Investment value | Gain/(Loss) | Balance as Margin | ||
| 1 | 2555 | 638750 | 0 | 35000 | ||
| 2555*250 | ||||||
| 2 | 2535 | 633750 | -5000 | 30000 | ||
| 2535*250 | =633750-638750 | =35000-5000 | ||||
| 3 | 2575 | 643750 | 10000 | 40000 | ||
| 2575*250 | =643750-633750 | =30000+10000 | ||||
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