Question
You have a short position on a 500,000 T-Bills future contract. You deposited 5% of the value as initial margin. T bills increased by $60,000.
You have a short position on a 500,000 T-Bills future contract. You deposited 5% of the value as initial margin. T bills increased by $60,000. The maintenance margin is 3.5%
What is your unrealized gain or loss?
What is your equity in the account?
Did you receive a margin call?
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
