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Business, 15.04.2020 15:47 23kaevans

Ou have entered a short position in a corn futures contract. The contract size is 1,000 bushels for each contract. The initial margin required is $21,000 per contract. The maintenance margin is $16,000. A few days into the contract, your margin account balance has dropped to 17,000. Then, the futures price rises from $81 to $83 and you receive a margin call. What is the amount of your margin call

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Ou have entered a short position in a corn futures contract. The contract size is 1,000 bushels for...

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