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Business, 06.09.2019 20:10 mendezmarco2004

The current price of gold is $864 per troy ounce. assume that you initiate a long position in 10 comex gold futures contracts at this price on 7-july-2016. the initial margin is 7% of the initial price of the futures, and the maintenance margin is 5% of the initial price. assume the following evolution of gold prices over the next five days, and compute the margin account assuming that you meet all margin calls.

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