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11) You purchase an interest rate futures contract that has an initial margin requirement of 9% and a futures price of $130,538. The contract has
11) You purchase an interest rate futures contract that has an initial margin requirement of 9% and a futures price of $130,538. The contract has a $100,000 underlying par value bond. If the futures price falls to $126,500, you will experience a __ loss on your money invested.
Multiple Choice 57.37% 34.37% 24.00% 45.37%
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