snowjax

I keep getting: The system cannot find the path specified

I have deleted my sent folder, cleaned my temporary folder, and am now going to throw my computer out the window please somebody help!!!

A client received a fill on their order to purchase a T-bond futures agreement at 113-25. The next day, the price settled at 114-01. What was the amount of the credit to their account?

A. $250.00

B. $10.00

C. $175.00

D. $225.00

Question #26 : A speculator has bought a live cattle November 64 put at 6.50. The current market for the related futures contract is 62.00 cents per pound. What is the intrinsic value of this put?

A. 2.00 cents

B. There is no intrinsic value

C. 71.50 cents

D. 5.50 cents

Question #6 : A speculator purchased 5 United States T-bill (Treasury bills) futures contracts at 93.53 and sold them at 99.41. These contracts are traded in face amounts of $1 million dollars. Not including the costs of the trade, the trade resulted in:

A. A profit of .88 (88 basis points) or $1,375.00 per contract

B. A loss of .88 (88 basis points) or $2,200.00 per contract

C. A profit of .88 (88 basis points) or $2,200.00 per contract

D. A loss of .88 (88 basis points) or $2,750.00 per contract

A long hedger in 2 Nikkei 225 futures agreements puts in her hedge when the February futures are 15,636.32 and the Nikkei 225 is 15,552.35. She closes out the hedge and purchases her Japanese stocks when the futures price is 15,832.48 and the Nikkei 225 is 15,672.95. What is the net result of her hedge?

A. $378.80 loss

B. $755.60 profit

C. $755.60 loss

D. $378.80 profit

In mid-May, a heating oil reseller anticipates increasing heating oil prices prior to her next year major purchase. The cash market prices are $1.9070/gal. and the July futures are at $1.9490. The reseller hedges with 9 agreements at these prices. On June 15, the reseller purchases #2 Heating Oil in the cash market at $2.0210/gal. and closes out her hedge at $2.0505/gal. As a result of the hedge:

A. The change in futures fully offset the added cost and earned a profit of $4,725.00

B. The change in futures price resulted in a loss of $0.1015/gal.

C. The change in futures partially offset the raised cost of heating oil by $38,367.00

D. The net cost of the heating oil is $201,000.00

A long hedger in Euros puts in a 12 contract hedge when Euro futures are $1.1800 and the exchange rate is $1.1723. She lifts her hedge when Euro futures are $1.2322 and the exchange rate is $1.2239 and Euro futures. What is the exchange rate resulting from the hedge?

A. $1.1729

B. $1.2239

C. $1.1717

D. $1.2233

My biggest challenge is I was not taught how to calculate these numbers so I just stare off into space hahaha

XYZ insurance company has invested $12 million in premiums into Eurodollar Time Deposits, but suspects that expected increasing short term interest rates may cause a drop in their value. The supervisor hedges, selling 12 Eurodollar agreements at $97.76, and later closes the position at $98.08. The result of her futures market transaction is what?

A. A loss of $800.00 per agreement

B. A profit of $1,000.00 per agreement

C. A loss of $1,000.00 per agreement

D. A profit of $800.00 per agreement