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on tuesday morning you buy two june t bond futures contract at 97:16, that is for 97500. the contracts face value is 100,000. the initial
on tuesday morning you buy two june t bond futures contract at 97:16, that is for 97500. the contracts face value is 100,000. the initial margin requirement is 3700 per contract and the maintenance margin requirement is 2000 per contract. using the prices from the table below, calculate the balance on your margin account after wednesdays close.
Day. Settle
Tuesday. 97,425
Wednesday. 97,568
Thursday. 97,632
Friday 97,471
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Competing On Analytics The New Science Of Winning
Authors: Thomas H Davenport, Jeanne G Harris, Gary Loveman
1st Edition
1422103323, 9781422103326
