Suppose that your US-based company purchases a 3-month 125,000 futures contract at a price of $1,1754/. The initial margin requirement is 50%, and the maintenance margin requirement is $2,000 per 125,000 contract.

a. What is the initial down payment (in $s) required for the contract?

b. Suppose that after the first day, the futures price moves to $1.1744/. What is the new equity value in your companys account?

c. Will the company receive a margin call?

Yes the The initial margin requirement is 50% , this is what i have