Yesterday, you entered into a futures contract to buy 62,500 at $2 4286 per The Initial margin for this contract is $1,620 The maintenance margin requirement is $1 200 Suppose the futures price closes today at $2 5500 What are your profits losses

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Yesterday, you entered into a futures contract to buy 62,500 at $2 4286 per   The Initial margin for this contract is $1,620  The maintenance margin requirement is $1 200  Suppose the futures price closes today at $2 5500  What are your profits  losses

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Question

Yesterday, you entered into a futures contract to buy 62,500 at $2.4286 per . The Initial margin for this contract is $1,620. The maintenance margin

Yesterday, you entered into a futures contract to buy 62,500 at $2.4286 per . The Initial margin for this contract is $1,620. The maintenance margin requirement is $1.200. Suppose the futures price closes today at $2.5500. What are your profits/ losses

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