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Consider an investment that is long 10 S&P 500 Index futures contracts at a price of $3,100.00. The initial margin requirement is $36,000 per contract and the maintenance margin is $30,000 per contract . The annual risk-free rate is zero. What is the notional value of your long exposure to the S&P 500 Index?
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Consider an investment that is long 10 S&P 500 Index futures contracts at a price of $3,100.00....
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