With a 5,000-bushel contract for $25,000, assume the margin requirement is $2,000 and the maintenance margin is

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With a 5,000-bushel contract for $25,000, assume the margin requirement is $2,000 and the maintenance margin is 80 percent of the margin requirement. How much would the price per bushel have to fall before additional margin is required?
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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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