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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 contracts. The initial margin needed for each
contract is RM while the maintenance margin requirement is RM 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 RM
Determine the closest variance margin for the contracts acquired and
provide an explanation.
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