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A gold futures contract requires the long trader to buy 100 troy ounces of gold. The initial margin requirement is $2,000, and the maintenance margin

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A gold futures contract requires the long trader to buy 100 troy ounces of gold. The initial margin requirement is $2,000, and the maintenance margin requirement is $1,500. Matthew goes long one June gold futures contract at the futures price of $320 per troy ounce. When could Matthew receive a maintenance margin call? Chris sells one August gold futures contract at a futures price of $323 per ounce. When could Chris receive a maintenance margin call? a. Matthew has long position and receives margin call if the price falls below $315 per troy ounce and Chris has a short position and will receive margin call if the price falls below $328 per troy ounce. b. Matthew has long position and receives margin call if the price falls below $328 per troy ounce and Chris has a short position and will receive margin call if the price falls below $315 per troy ounce. C. 1

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