A trader shorts 3 wheat futures contracts (5000 bushels per contract) at $4.50 per bushel. Each contract
Fantastic news! We've Found the answer you've been seeking!
Question:
A trader shorts 3 wheat futures contracts (5000 bushels per contract) at $4.50 per bushel. Each contract has an initial margin of $1500 and maintenance margin of $1000. What is the first price that would lead to a margin call?
$ 4.33 per bushel | ||
$4.61 per bushel | ||
$ 4.11 per bushel
| ||
$ 4.39 per bushel |
Posted Date: