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Milo Manufacture Long 10 April Cocoa Futures three months ago at $95 per kilo. Each contract has a size of 7 bags of 35 kilogram

Milo Manufacture Long 10 April Cocoa Futures three months ago at $95 per kilo. Each contract has a size of 7 bags of 35 kilogram each. The investor is required to reserve initial margin of 5.25% based on the total contract value and to maintain 75% on initial margin throughout the contract life. Compute at what price change Milo Manufacturer will be triggered by a margin call
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Milo Manufacture Long 10 April Cocoa Futures three months ago at $95 per kilo. Each contract has a size of 7 bags of 35 kilogram each. The investor is required to reserve initial margin of 5.25% based on the total contract value and to maintain 75% on initial margin throughout the contract life. Compute at what price change Milo Manufacturer will be triggered by a margin call

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