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3. suppose you enter into a long position to buy march gold for $340 per ounce. the contract is 100 ounces, the initial margin is
3. suppose you enter into a long position to buy march gold for $340 per ounce. the contract is 100 ounces, the initial margin is $3400 and the maintenance margin is $1360 . At what price will you receive a margin call?
A. 353.6
B. 340.05
C. 339.95
D. 360.4
E. 319.6
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