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Assume now that the trade went in the opposite direction it

Assume now that the trade went in the opposite direction (it goes down) for that specified in part c (the contract closed at $2700). At what contract price would you have gotten a margin call? Explain.

The initial margin is $24,750

The maintenance requirement is $22,500

So$2250/$250= $9 per unit. How to calculate the contract price in this case?

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Finance Basics: Assume now that the trade went in the opposite direction it

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