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Consider an investment in five SP 500Index futures contracts at a price of $924. The initial margin requirment is 15% and the maintenance margin is...
Consider an investment in five SP 500Index futures contracts at a price of $924.80. The initial margin requirment is 15% and the maintenance margin is 10%.If the continiously compunded rate is 5% what will the futures price need to be for a margin call to occur in 10 days from now?assume no setlement within the 10 days