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In her capacity as a prospective trader, Nur Hayati has initiated a long position by acquiring 1 0 contracts. The initial margin needed for each

In her capacity as a prospective trader, Nur Hayati has initiated a long
position by acquiring 10 contracts. The initial margin needed for each
contract is RM20, while the maintenance margin requirement is RM7 per
contract. She makes a deposit of the necessary starting margin on the
specified day of the trade. On the third day, the balance of her margin
account amounts to RM50.
Determine the closest variance margin for the 10 contracts acquired and
provide an explanation.

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