You entered into a futures contract to buy 62,500 at $1.20/ yesterday. Your initial margin...
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You entered into a futures contract to buy 62,500 at $1.20/ yesterday. Your initial margin was $4,200. Your maintenance margin is $2,500 (meaning that your broker leaves you alone until your account balance falls to $2,500). At what settle price will you get a margin call? O $1.5800/ $1.2750/ O $1.0272/ $1.1728/
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