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

Foundations of Business - Standalone book (MindTap Course List)
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Chapter15: Using Management And Accounting Information
Section: Chapter Questions
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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
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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