Jon establishes a long position of one T-bond future today for a settlement price of...
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Jon establishes a long position of one T-bond future today for a settlement price of 101'02. The exchange requires an Initial margin of $2700 and a maintenance margin of $2500. Below are the next two days closing price on this contract Day 1: settlement price 100 31 Day 2: settlement price 99 30 The margin account balance after two days is dollars Numeric Response
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