Question 46 2 pts If a trader goes long 10 contracts of wheat at $4.50/bushel, and has $30,000 in his account, and the maintenance margin for wheat futures is $1,000/contract, at what wheat price (in $/bu) will the trader have a margin call (e.g. Account equity value falls to zero)? (Remember 1 Contract = 5000 Bushels) Question 47 1 pts On August 1, a farmer sells corn futures equal to his corn crop being produced in October to hedge against possible price declines in the market. He sells corn futures at $4.00 while the current cash market is $4.10. In two months time, the futures and cash market have fallen to $3.90 and $4.00 respectively. If he offsets his futures position by buying back corn futures at $3.90 and then sells his crop for $4.00, what is the net result of all his transactions (including his sale of his corn crop) in $/bu