Question: How do you arrive at the correct answer 272.6? Question 9 0 / 6.25 pts Suppose you enter into a long position to buy March

How do you arrive at the correct answer 272.6? Question 9

How do you arrive at the correct answer 272.6?

Question 9 0 / 6.25 pts Suppose you enter into a long position to buy March Gold for $290 per ounce. The contract size is 100 ounces, the initial margin is $2900 and the maintenance margin is $1160. At what price will you receive a margin call? You Answered 307.4 289.94 290.06 Correct Answer 272.6

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