You sell one december futures contract when the price is, Financial Management

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You sell one december futures contract when the price is

You sell one December futures contract when the price is 1010 per unit. Each contract is on 100 units. The initial margin is $2000/contract and the maintenance marginn is $1500/contract. The next day the futures price rises to 1012. What is the balance in your account?

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Financial Management: You sell one december futures contract when the price is

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