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You have entered a short position in a Bitcoin futures contract. The contract size is 1 bitcoin. The initial margin required is $15,000. The maintenance

You have entered a short position in a Bitcoin futures contract. The contract size is 1 bitcoin. The initial margin required is $15,000. The maintenance margin is $12,500. The contract is entered at market close on March 9 at a price of $48,800. The futures price is 49,100 on March 10. It is 52,300 on March 11. It is 47,700 on March 12. What is the final margin account balance on March 12? Date Futures Price Daily Gain/Loss Margin Acct Balance Margin Call

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