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Business, 24.06.2021 22:40 hbkakabryce0p3fkoq

You sell one December futures contracts when the futures price is $1,010 per unit. Each contract is on 100 units and the initial margin per contract that you provide is $2,000. The maintenance margin per contract is $1,500. During the next day the futures price falls to $1,008 per unit. What is the balance of your margin account at the end of the day? a. $3,700b. $1,800c. $2,200d. $1,500

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You sell one December futures contracts when the futures price is $1,010 per unit. Each contract is...
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