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The lean hog futures contract has a contract size of 4 0 , 0 0 0 pounds. The initial margin is $ 5 , 8

The lean hog futures contract has a contract size of 40,000 pounds. The initial margin is $5,800per contract, and the maintenance margin is $4,300 per contract. Suppose that you shorted 10 contracts that mature in 6 months, with a contract price of $1.88. Show how your margin account balance changes over the next 3 days if the price is settled at $1.92, $1.95 and $1.78.Would you get a margin call at any time over the next 3 days? If you close out your position at $1.73, how much money would you make/lose?

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