Business
Business, 15.04.2020 18:38, morbidodyssey

A trader shorts four June futures contracts on wheat. Each contract is for the delivery of 5,000 bushels. The current futures price is 700 cents per bushel, the initial margin is $4,500 per contract, and the maintenance margin is $2,000 per contract. At what price will the trader receive a margin call

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A trader shorts four June futures contracts on wheat. Each contract is for the delivery of 5,000 bus...

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