Day 0 1 2 3 $0.00 $77.00 Beginning Balance $0.00 O$55.00 $22.00 Table 6 Deposits Price $100.00 $98.00 $96.90 $100.00 The number of contracts is 11, the initial margin is $7, and the maintenance margin is $5. What is maximum ending balance at which a margin call will occur? Gain Ending Balance

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Day
0
1
2
3
O $0.00
Beginning
Balance
$0.00
$77.00
O $55.00
O $22.00
Table 6
Deposits
Price
$100.00
$98.00
$96.90
$100.00
Gain
The number of contracts is 11, the initial margin is $7, and the maintenance margin is $5. What is
maximum ending balance at which a margin call will occur?
Ending Balance
Transcribed Image Text:Day 0 1 2 3 O $0.00 Beginning Balance $0.00 $77.00 O $55.00 O $22.00 Table 6 Deposits Price $100.00 $98.00 $96.90 $100.00 Gain The number of contracts is 11, the initial margin is $7, and the maintenance margin is $5. What is maximum ending balance at which a margin call will occur? Ending Balance
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