A company enters into a long futures contract to buy 200
A company enters into a long futures contract to buy 200 ounces of gold for $1,257 per ounce. The initial margin is $4,000 and the maintenance margin is $1,000. What gold futures price per ounce will trigger a margin call? (Margin of error: +/- $1)
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a company enters into a long futures contract to buy 200 ounces of gold for 1257 per ounce the initial margin is 4000
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