For the futures contract the initial margin account is 2% of the fully funded future which is
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For the futures contract the initial margin account is 2% of the fully funded future which is 50000$ and the maintenance margin is 75% of the initial margin. The future loses 0.2% of its value. Assuming I have an account with clearing house how much I will be forced to contribute to my account?
Hint: You don't need to know the Futures price I give u the fully funded account
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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