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Business, 22.04.2020 00:35 Destinationz

You purchase an interest rate futures contract that has an initial margin requirement of 14% and a futures price of $121,309. The contract has a $100,000 underlying par value bond. If the futures price falls to $118,500, you will experience a loss on your money invested. Multiple Choice 7.00% 16.54% 27.54% 39.54%

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