
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Pls solve this question correctly instantly in 5 min i will give u 3 like for sure

Transcribed Image Text:For the futures contract the initial
margin account is 2% of the fully
funded future which is 50000$ and
the maintenance margin is 75% of the
initial margin. The future loses 0.2% of
its value. Assuming I have an account
with clearing house how much I will
be forced to contribute to my account?
Hint: You don't need to know the
Futures price I give u the fully funded
account
100
0
50
75
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