A futures contract's current price is $ 92.15. Initial margin is $11.25 per contract, the maintenance margin

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A futures contract's current price is $ 92.15. Initial margin is $11.25 per contract, the maintenance margin is $ 9.71 per contract. You are short 14 contracts. If you receive a margin call, at a minimum how much variation margin would be required?

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Financial Reporting and Analysis

ISBN: 978-0078025679

6th edition

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

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Posted Date: May 15, 2023 09:11 AM

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A futures contract's current price is $ 92.15. Initial margin is $11.25 per contract, the maintenance margin

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Financial Reporting and Analysis

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