A company enters into a long futures contract to buy 200


A company enters into a long futures contract to buy 200 ounces of gold for $1,278 per ounce. The initial margin is $4,000 and the maintenance margin is $1,000. What gold futures price per ounce will trigger a margin call?

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Finance Basics: A company enters into a long futures contract to buy 200
Reference No:- TGS0612276

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