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If you initial maintenance requirement is $5000 per contract and your trade was executed at the settlement price of $1421 per ounce, how much money would you have to deposit into your account if you sold 5 contracts? What would your account’s value be if this contract settled at $1417 per ounce the following day (marked-to-market)? Assume: Price Unit = $$/ounce and contract ~ 100 ounces.

Financial Management, Finance

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