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We suppose that the current futures price is $ 4 . 5 7 2 5 per bushel, delivered in Dec. Contract size = 1 0
We suppose that the current futures price is $ per bushel, delivered in Dec. Contract size bushels. Investor has contracted to buy a total of bushels. Initial margin: $ per contract.
If by the end of the first day the futures price has dropped from $ to $ per bushel. What is the balance in the margin account by the end of the first day?
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