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Assume that a futures contract on 5 0 0 0 bushels of corn has an initial margin requirement 1 0 % per contract and a
Assume that a futures contract on bushels of corn has an initial margin requirement per contract and a maintenance margin requirement of of the initial margin. Assume the forward futures price of corn per bushel on Feb that expires on March is $ Consider a buyer of contracts for corn futures initiated on Feb and settled on March Fill in the shaded area of the attached Excel table and calculate the total profitloss of the futures contract and the forward contract.
Do not simply copypaste the formula. It wont work.
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