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You entered into a short position on 17,867 of copper at $6.77 per pound. The initial margin for this contract is $100,000. Suppose the
You entered into a short position on 17,867 of copper at $6.77 per pound. The initial margin for this contract is $100,000. Suppose the futures price today is $8.76. How much is in your margin account?
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
