单选题
A trader is long four July gold futures contracts, each with a contract size of 300 oz. If the price of July gold increases from $380.20 to $381.00 per ounce the change in the margin balance will be :
A、
A. $960.
B、
B. - $960.
C、
C. $240.
【正确答案】
A
【答案解析】
4 × 300 × (381 -380.20) = $960.
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