Investments
Investments
11th Edition
ISBN: 9781259277177
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 21, Problem 2CP
Summary Introduction

To select:

A correct option for the open interest on a futures contract

Introduction:

Maintenance margin is the minimum amount of equity that a future margin account may have and usually set at 75% to 85% of the initial margin.

When a futures contract is purchased, a minimum deposit is required known as Initial margin.

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