You entered into future contract to buy euro62500 at, Financial Management

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You entered into future contract to buy euro62500 at

You entered into future contract to buy €62,500 at $1.20/€ yesterday. Your initial margin was $4,200. Your maintenance is $2,500 9meaning that yur broker leaves you alone until account balance falls to $2,500) At what call price will you get a margin call?

A) $1.2750/€ B) $1.1728/€ C) $1.5800/€ D) $1.0272/€

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Financial Management: You entered into future contract to buy euro62500 at

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Financial Management: You entered into future contract to buy euro62500 at

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