How much must the investor deposit into the margin account

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An investor takes a long position in 3 futures contracts. The initial margin is $8,200 per contract and the maintenance margin is $6,000 per contract. At 1 p.m. today, the investor's total margin account balance is $16,351.67 and the investor receives a margin call. How much must the investor deposit into the margin account at 1 p.m. to keep the futures position open?

Reference no: EM132796809

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