Question
An investor takes a long position in five December gold futures contracts on June 5. Contract size is 100 oz. Futures price on June 5
An investor takes a long position in five December gold futures contracts on June 5. Contract size is 100 oz. Futures price on June 5 is US$1450/oz Initial margin requirement is US$6,000 per contract Futures Price (/oz) Margin Account Balance Day 1 (Jun 5) 1,450 Answer Here Day 2 1,442 Answer Here Day 3 1,455 Answer Here
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Behavioral Finance And Capital Markets
Authors: A. Szyszka
5th Edition
1137338741, 9781137338747
