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please help fill in the 'Numeric Response' for this problem Jon establishes a long position of one T-bond future today for a settlement price of
please help fill in the 'Numeric Response' for this problem
Jon establishes a long position of one T-bond future today for a settlement price of 101'02. The exchange requires an initial margin of $2700 and a maintenance margin of $2500. Below are the next two days closing price on this contract. Day 1: settlement price101'04 The margin account balance at the end of Day 1 is dollars Step by Step Solution
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