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6 You purchase an interest rate futures contract that has an initial margin requirement of 10% and a futures price of $112.459. The contract has

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You purchase an interest rate futures contract that has an initial margin requirement of 10% and a futures price of $112.459. The contract has a $100,000 underlying par value bond. If the futures price falls to $110,000, you will experience a loss on your money invested, 32.87% 21.87% 12.00% 44.87%

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