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An investor has a $1 million long position in T-bond futures. The investor's broker requires a maintenance margin of 4.25%. Next day the value of

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An investor has a $1 million long position in T-bond futures. The investor's broker requires a maintenance margin of 4.25%. Next day the value of the futures contracts drops by $30,000 to $970,000. By what amount he will receive a margin call? NOT ENOUGH DATA TO ANSWER $43,650 $45,000 $28,650 $28,725 $30,000

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