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1. A trader is short on a futures contract on corn. The contract is for the delivery of 5000 bu. The current futures price is

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1. A trader is short on a futures contract on corn. The contract is for the delivery of 5000 bu. The current futures price is 187 cents/bu, the initial margin is $8361 per contract, and the maintenance margin is $6270.75 per contract. a. How should the price evolve to get a margin call? b. What price change would lead to a margin call

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