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A customer shorts 2 soybean oil futures (60,000 lbs per contract) at $26.39 per hundred weight. Margin is $800 per contract. The ratio of margin

A customer shorts 2 soybean oil futures (60,000 lbs per contract) at $26.39 per hundred weight. Margin is $800 per contract. The ratio of margin to contract value is

A. 3.30%

B. 5.05%

C. 6.60%

D. 10.10%

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