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You are considering the purchase of futures on the Russell 2000. At what point would you get a margin call if the underlying declined? Provide your answer for the mini contract of the Russell 2000. Russell 2000 per mini contract Futures (FO) 1,480.500 Initial margin 3700 Maint margin 3330 Multiplier 50 mini contracts O 1,473.10. 0117401

You are considering the purchase of futures on the Russell 2000. At what point would you get a margin call if the underlying declined? Provide your answer for the mini contract of the Russell 2000. Russell 2000 per mini contract Futures (FO) 1,480.500 Initial margin 3700 Maint margin 3330 Multiplier 50 mini contracts O 1,473.10. 0117401

Essentials Of Investments
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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You are considering the purchase of futures on the Russell 2000. At what point would you get a margin call if the underlying declined? Provide your answer for the mini contract of the Russell 2000. Russell 2000 per mini contract Futures (FO) 1,480.500 Initial margin 3700 Maint margin 3330 Multiplier O 1,473.10 O 1,474.94 1,471.17 O 1,476.60 O 1,469.45 50 mini contracts
Transcribed Image Text:You are considering the purchase of futures on the Russell 2000. At what point would you get a margin call if the underlying declined? Provide your answer for the mini contract of the Russell 2000. Russell 2000 per mini contract Futures (FO) 1,480.500 Initial margin 3700 Maint margin 3330 Multiplier O 1,473.10 O 1,474.94 1,471.17 O 1,476.60 O 1,469.45 50 mini contracts
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