Kizspy | Question: 1
(Choose 1 answer)
(24899) A futures contract covers 5000 pounds of grains with a minimum price change of $0.01 is sold for $31.60 per pound. If the initial margin is $2,525 and the maintenance margin is $1,000, at what price would there be a margin call?
Α. 31.91
B. 32.11
C. 31.29
D. 31.09
Ε. 31.80
