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Sammy buys 3 March 2023 corn contracts when the quote is 672'6. Sammy's broker requires an initial margn of 12%. What is the total amount
Sammy buys 3 March 2023 corn contracts when the quote is 672'6. Sammy's broker requires an initial margn of 12%. What is the total amount Sammy has to pay when he makes his trade? A. $9,306.50 B. $12,109.50 C. $32,550.75 D. $55,700.00
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