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Assume that Gold had a price on day zero of $2,150/ounce and that both the short and long futures position initially were required to post

Assume that Gold had a price on day zero of $2,150/ounce and that both the short and long futures position initially were required to post a margin of $3,000. On day one the price of gold changes to $1,800. What is the new value of the long futures margin account?

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