For the operation of margin account for a long position in three gold futures contracts, the initial margin is  $5,000 per contract. 

If the maintenance margin is $3,200 per contract and the current trade price is $2,200,at what price would there be a margin call?

Answer rating: 100% (QA)

To determine the price at which a margin call would occur we need to calculate the minimum amount of ... View the full answer