Question
On Monday morning you sell one 3-month Treasury bond futures contract for $97.84375 (per $100 of face value). The contract's face value is $100,000. The
On Monday morning you sell one 3-month Treasury bond futures contract for $97.84375 (per $100 of face value). The contract's face value is $100,000. The initial margin requirement is $2,700, and the maintenance margin requirement is $2,000 per contract. What will be the balance on your margin account after Monday's close if the close price is $97.40625?
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Closing The Equity Gap Creating Wealth And Fostering Justice In Startup Investing
Authors: Freada Kapor Klein, Mitchell Kapor
1st Edition
0063268515, 978-0063268517
