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George Perry has a long futures contract to buy 1,000 units of corn for $60.65 per unit. The initial margin is $6,000 and the
George Perry has a long futures contract to buy 1,000 units of corn for $60.65 per unit. The initial margin is $6,000 and the maintenance margin is $4,000. What futures price will lead to a $2,000 decrease in the account balance? A. $58.65 B. $60.65 C. $62.65 D. $63.65
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Research Methods Statistics and Applications
Authors: Kathrynn A. Adams, Eva Marie K. Lawrence
1st edition
1452220182, 978-1452220185
