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An investors initial margin transaction is the sale of 5 ABC OCT 60 calls @$3. The CMV (current market value) of ABC is $60. What
An investors initial margin transaction is the sale of 5 ABC OCT 60 calls @$3. The CMV (current market value) of ABC is $60. What is the required margin?
$1,800
$7,500
$4,500
$2,000
none of the above
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