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On Monday morning you sell one June T-bond futures contract at 97:27, that is for $97,84375. The contracts face value is $100.000. The initial margin

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On Monday morning you sell one June T-bond futures contract at 97:27, that is for $97,84375. The contracts face value is $100.000. The initial margin requirement is $2,700, and the maintenance margin requirement is $2,000 per contract. Use the following price data to answer the following questions Day Settle Monday S97,40625 Tuesday 598.000.00 Wednesday $100,000.00 At the close of clay on Tuesday your cumulative rate of return on your investments -2.2 OOO 16.2 -5.8% -16%

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