Answered: Suppose you enter into a long position…

Suppose you enter into a long position to buy March Gold for $3 contract size is 100 ounces, the initial margin is $3400 and the maintenance mar $1360. At what price will you receive a margin call?

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

Section: Chapter Questions

Problem 1PS

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