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You are short 2 soybean futures contracts (5,000 by each) at a price of $3.50 per bushel. Your initial margin is $3,500. a. If

You are short 2 soybean futures contracts (5,000 by each) at a price of $3.50 per bushel. Your initial margin

You are short 2 soybean futures contracts (5,000 by each) at a price of $3.50 per bushel. Your initial margin is $3,500. a. If you are a speculator, what do you want to happen to the price of beans between now and your expiration? b. If the price of the contract goes to $3.60, what is the new amount in your margin account, and the percent return on your position? c. Suppose instead, the price of the contract went to $3.35. What would be the value in your margin account and the percent return on your position? You are long 3 soybean futures contracts (5,000 by each) at a price of $4.10 per bushel. Your initial margin is $7,500. a. If you are a speculator, what do you want to happen to the price of beans between now and your expiration? b. If the price of the contract goes to $4.60, what is the new amount in your margin account, and the percent return on your position? c. Suppose instead, the price of the contract went to $3.95. What would be the value in your margin account and the percent return on your position?

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