suppose your initial margin is 3000$ and your maintenance margin is 1000$ for one future contract that required to deliver 10 ounces of gold. How much the price of the ounce needs to move so that you will get a margin call as a se +200 -200.0 -100

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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suppose your initial margin is 3000$ and your maintenance margin is 1000$ for one future contract that required to
deliver 10 ounces of gold. How much the price of the ounce needs to move so that you will get a margin call as a seller?
+200
-200.0
-100
+100.0
Transcribed Image Text:suppose your initial margin is 3000$ and your maintenance margin is 1000$ for one future contract that required to deliver 10 ounces of gold. How much the price of the ounce needs to move so that you will get a margin call as a seller? +200 -200.0 -100 +100.0
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