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Let's assume we have speculators who hear about drought damage to the nation's com crop and decide they want to trade com futures. A broker

Let's assume we have speculators who hear about drought damage to the nation's com crop and decide they want to trade com futures. A broker is contacted, the necessary forms are completed, and a speculator is told the margin requirement for a 5,000-bushel com contract is on the CBOT are $1,200 initial and $800 maintenance per contract.
(1) Our speculator puts in an order to go long a 5,000-bushel contract of December com futures at $3.50, and the order to go long at $3.50 is filled on July 2nd.
(2) Our speculator puts in an order to go short the same December com futures at $3.90 on July 27, and the order to go short at $3.90 is filled in the same day.
Please fill in the last two columns of the following table.
\table[[Date,\table[[Price],[ per bu.
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