Question
A company enters into a short futures contract to sell 50,000 units of a commodity fro 70 cents per unit. The initial margin is $4000
A company enters into a short futures contract to sell 50,000 units of a commodity fro 70 cents per unit. The initial margin is $4000 and the maintenance margin is $3000. What is the futures price above which there will be a margin call?
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Stocks Bonds And Taxes A Comprehensive Handbook And Investment Guide For Everybody
Authors: Phillip B. Chute
1st Edition
1732885532, 978-1732885530
