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Please step by step teach me how to do this question. I don't understand on A/c balance part and how to get margin call. This
Please step by step teach me how to do this question.
I don't understand on A/c balance part and how to get margin call.
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2. You take a long position in the T-note futures on 1/15 when the futures price is 102,250 . The initial margin is $10,000 and the maintenance margin is $6,000. Following your trade, the market moves in the following manner. a. On what day(s) do you get a margin call and what are the amounts of the margin calls? Answer: You get a margin call on 1/21 for 4,250 2. You take a long position in the T-note futures on 1/15 when the futures price is 102,250 . The initial margin is $10,000 and the maintenance margin is $6,000. Following your trade, the market moves in the following manner. a. On what day(s) do you get a margin call and what are the amounts of the margin calls? Answer: You get a margin call on 1/21 for 4,250Step by Step Solution
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