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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 5000 bushels of corn has an initial margin requirement 10% per contract and a maintenance margin requirement of 50% of the initial margin. Assume the forward/futures price of corn per bushel on Feb. 22 that expires Mar. 15 is $690.25. Consider a buyer of 100 contracts for corn futures initiated on Feb 22 and settled Mar 15. Fill in the shaded area of the attached excel table and calculate the total profit/loss of the futures contract and the forward contract
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