On January 1st you went long in a 3-month forward contract on 5,000 bushels of wheat at $6.85 per bushel. At maturity on April 1st, the spot price is $8.50 per bushel. What cash settlement from long to short (or short to long) will fairly settle the contract without the involvement of actual wheat?

You entered into TWO LONG CME euro futures contracts on €125,000 EACH (€250,000 total)  at today’s bid price of $1.01/€. Your initial performance bond was $12,500 per contract and your maintenance margin is $2,100 per contract. At the end of the first trading day the contract settles at $1.05000/£. Your total gains or losses are closest to:

You entered into TWO LONG CME euro futures contracts on €125,000 EACH (€250,000 total)  at today’s bid price of $1.01/€. Your initial performance bond was $12,500 per contract and your maintenance margin is $2,100 per contract. At what settle price do you get a margin call?

____, though intelligent with a good sense of humor, was a lazy king and a secret Catholic.

One of the first convinced “Copernicans”, _____ was one of the giants of the Scientific Revolution, putting forward 3 laws of planetary motion, including elliptical orbits.

_____ wrote a scathing critique on working conditions in Great Britain around the middle of the 19th century    

All of the following were key elements of technological & organizational changes in the way products were made during the Industrial Revolution except?            

All of the following were true of European nationalism in the 19th century except:        

Typical of the time period, the work of the political economist _____ was pretty gloomy about the chances for capitalism to overcome the traditional power of the old landholding nobles in England.      

In order to take exams in this class you must use Honorlock with camera monitor