问题 单项选择题

A trader has a short position in a wheat contract. The initial margin is $2000. The maintenance margin is $1500. There are 5000 bushels in each wheat contract. On August 10, the price is $1.89 per bushel What is the price at which the trader will receive a maintenance margin call

A.

A. $1.99.

B.

B. $1.79.

C.

C. $1.69.

答案

参考答案:A

解析:The short trader loses equity in the account when the price of wheat appreciates. $2000 - $1500= $500. 5000×(P-1.89) =500. P= $1.99.

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