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Bitcoin futures You have entered a short position in a Bitcoin futures contract. The contract size is 1 bitcoin. The initial margin required is $15,000.

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Bitcoin futures You have entered a short position in a Bitcoin futures contract. The contract size is 1 bitcoin. The initial margin required is $15,000. The maintenance margin is $12,500. The contract is entered at market close on March 9 at a price of $48,800 The futures price is 49,100 on March 10. It is 52,300 on March 11. It is 47700 on March 12. What is the final margin account balance on March 12? Date Futures Price Daily Gain/Loss Margin Acct Margin Call Balance 48,800 Mar 10 49,100 52,300 47,700 Mar 9 Mar 11 Mar 12 Numeric Response

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