an investor takes a long position in Eight November corn futures contracts on the Chicago Board of Trade. The current futures price is $8.75 per bushel, the contract size is 3500 bushels/per contract, and the initial margin is $3,500 per contract. If by the end of October the Futures price has increased to $9.1, what is the new margin balance in percentage of the original margin requirement for this trade? (Show

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