Plutonium Is Trading at a One-Year Futures Price of $5,000

question 5

Multiple Choice

Plutonium is trading at a one-year futures price of $5,000 per gram.A futures contract comprises 100 grams.The initial margin is $100,000 and the maintenance margin is $80,000.You are short one futures contract.There is a margin call when the price per gram of plutonium changes to

• A)$4,750
• B)$4,900
• C)$5,100
• D)$5,250