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Each gold futures contract represents 1 0 0 ounces and requires an initial margin of $ 4 , 9 5 0 and a maintenance margin
Each gold futures contract represents ounces and requires an initial margin of $ and a maintenance margin of $ A trader sells ten December futures contract on gold at What price change would lead to a margin call? Round your answer to the nearest hundredth. 
Each gold futures contract represents ounces and requires an initial margin of $ and a maintenance margin of $ A trader sells ten December futures contract on gold at What price change would lead to a margin call?
Round your answer to the nearest hundredth.
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International Finance For Non Financial Managers
Authors: Dora Hancock
1st Edition
0749480017, 9780749480011
