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You bought a wheat contract ( 5 , 0 0 0 bushels ) at a price of $ 3 . 5 0 per bushel. The
You bought a wheat contract bushels at a price of $ per bushel. The initial margin is $ and the maintenance margin is $ The table below shows the settlement prices for each of the following trading days.
What is margin action on Day If no margin action needed, fill with zero.
Day Price $ per bu Margin Action Balance $
$
$
$
$
$
$
$
$
$
$
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