You bought 3 Crude oil futures contract from NYMEX (Contract size is 1000 barrels). The initial margin

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You bought 3 Crude oil futures contract from NYMEX (Contract size is 1000 barrels). The initial margin requirement is US$2,500/contract and the maintenance margin is US$1,500/contract. You will get a margin call if:

Group of answer choices,

1. your cumulative loss is higher than $1000

2. your cumulative loss is higher than $3000

3. your cumulative loss is higher than $2500

4. your cumulative loss is higher than $1500

Related Book For answer-question

Microeconomics

ISBN: 978-1429283434

3rd edition

Authors: Paul Krugman, Robin Wells

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Posted Date: Nov 22, 2022 10:42 AM

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You bought 3 Crude oil futures contract from NYMEX (Contract size is 1000 barrels). The initial margin

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Microeconomics

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