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You took a short position in Ten December Crude Palm Oil (CPO) futures contracts when the futures price of this underlying was $1,800 per Metric

You took a short position in Ten December Crude Palm Oil (CPO) futures contracts when the futures price of this underlying was $1,800 per Metric Ton. Each contract is for a delivery of 25 Metric Tons. The initial margin is $22,500 and the maintenance margin is $17,000. During the second trading day the CPO futures price settled at $1,850 per Metric Ton. What is the balance of your margin account at the end of the second trading day and will there be a margin call? A. $35,000 and no margin call B. $35,000 and a margin call will trigger C. $10,000 and no margin call D. $10,000 and a margin call will trigger

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