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On Monday you sell 5 June Gold futures contract for $1,978.44. One Gold Futures contract is for 100 troy oz. The initial margin requirement is

On Monday you sell 5 June Gold futures contract for $1,978.44. One Gold Futures contract is for 100 troy oz. The initial margin requirement is $4,700 per contract. Use the following daily closing price data:

At the close of day Wednesday your cumulative gain/loss on your investment is

$2,190

$5,160

-$2,970

-$780

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