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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 bushel com contract is on the CBOT are $ initial and $ maintenance per contract. Our speculator puts in an order to go long a bushel contract of December com futures at $ and the order to go long at $ is filled on July Our speculator puts in an order to go short the same December com futures at $ on July and the order to go short at $ is filled in the same day. Please fill in the last two columns of the following table. tableDatetablePrice per bu
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 bushel com contract is on the CBOT are $ initial and $ maintenance per contract.
Our speculator puts in an order to go long a bushel contract of December com futures at $ and the order to go long at $ is filled on July
Our speculator puts in an order to go short the same December com futures at $ on July and the order to go short at $ is filled in the same day.
Please fill in the last two columns of the following table.
tableDatetablePrice per bu
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