The current S&R index futures price is 1100. You have purchased 8 contracts on margin. The initial

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The current S&R index futures price is 1100. You have purchased 8 contracts on margin. The initial margin is 10%. The size of each futures contract is $250 times index level.

What is the initial margin of your position?

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Derivatives Markets

ISBN: 9789332536746

3rd edition

Authors: Robert McDonald

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Posted Date: Mar 20, 2019 09:48 AM

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The current S&R index futures price is 1100. You have purchased 8 contracts on margin. The initial

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Derivatives Markets

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