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The S&P index futures price is $4000. A single S&P 500 index futures contract invoice price equals ($250) x (Index Price). The initial margin per

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The S&P index futures price is $4000. A single S&P 500 index futures contract invoice price equals ($250) x (Index Price). The initial margin per contract is $45,000 and the maintenance margin is $35,000 per contract. What level of the S&P index futures price will lead to a margin call if you sell one S&P index futures contract

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