You are long 10 IPC contracts at 45,500 points that expire on March 17, 2023. The initial margin per contract is 23,000 pesos, the maintenance margin is 12,000 pesos per contract, answer the following:

to. The Notional involved in the operation and the total initial deposit in the margin account for the operation.

b. Calculate the Level from which margin calls would be made to you.

c. Suppose that at expiration the index is at 46,500 points, calculate the accumulated PnL for having entered into this operation.

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