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18. (4 points) Yesterday, you entered into a futures contract to buy 62,500 at $1.50 per . Your initial margin is $1,500 and your maintenance
18. (4 points) Yesterday, you entered into a futures contract to buy 62,500 at $1.50 per . Your initial margin is $1,500 and your maintenance margin is $500. At what settle price will you get a demand for additional funds to be posted? A. $1.5160 per . B. $1.208 per . C. $1.1920 per . D. $1.4840 per . E. None of the above
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