You short three December gold futures contracts when the futures price is $410 per ounce. Each contract is on 100 ounces of gold and the initial margin per contract is $2,000. The maintenance margin per contract is $1,500. During the next seven days the futures price rises slowly to $412.5 per ounce. What is the balance of your margin account at the end of the seven days

The answer should be b.

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