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.