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You purchase an interest rate futures contract that has an initial margin requirement of 15% and a futures price of $124,488. The contract has a

You purchase an interest rate futures contract that has an initial margin requirement of 15% and a futures price of $124,488. The contract has a $100,000 underlying par value bond. If the futures price falls to $117,500, you will experience a ______ loss on your money invested.

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