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13. value: 2.00 points You purchase an interest rate futures contract that has an initial margin requirement of 14% and a futures price of $125,298.
13. value: 2.00 points You purchase an interest rate futures contract that has an initial margin requirement of 14% and a futures price of $125,298. The contract has a $100,000 underlying par value bond. If the futures price falls to $120,000, you will experience a loss on your money invested. 20.00% 53.20% 41.20% 30.20%
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