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Each gold futures contract represents 100 ounces and requires an initial margin of $4,950 and a maintenance margin of $4,500. A trader sells ten December
Each gold futures contract represents 100 ounces and requires an initial margin of $4,950 and a maintenance margin of $4,500. A trader sells ten December futures contract on gold at 1,859.42. Under what circumstances could $3,000 be withdrawn from the margin account?
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