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You purchased two futures contracts on soybeans at a price quote of 1 4 2 0 ' 6 . The initial margin requirement is $
You purchased two futures contracts on soybeans at a price quote of The initial margin requirement is $ per contract and the maintenance margin is $ per contract. The contract quantity is bushels and the price quote is in cents per bushel.What percentage change in price before you receive a margin call? pts Show all work.
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