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A trader buys a 90-day Eurodollar futures contract at 94.25. The next day, interest rates fall to 4.5% Which of the following is true? Assume
A trader buys a 90-day Eurodollar futures contract at 94.25. The next day, interest rates fall to 4.5% Which of the following is true? Assume that the initial and maintenance margins are $5,000.
The trader would have to deposit an additional $3,125 into her account
The trader could withdraw $3,125 in her account
The trader would have to deposit an additional $1,625 into her account
The trader could withdraw $2,500 from her margin account
The trader could withdraw $1,625 from her margin account
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