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24 thaint Calculated Numeric At the end of the day on Monday a gold futures contract price is $1750 per ounce and the size of

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24 thaint Calculated Numeric At the end of the day on Monday a gold futures contract price is $1750 per ounce and the size of the contract is 100 ounces. A clearing house menter hione too Eold futures contracts. The initial margin for gold futures is $11,000 per contract. The $1.100.000 ot required margin is in their margin ar.coun On the neat day (Tiesday), the clearing memiber becomes responsible for ciearing an additionat 20 long contracts, entered into at a or ice of $1760 per controct. Note: Please do not include a dollar sign in your answor Trpe your answer. Previous

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