Solved

Given a 5,000 Bushel Futures Contract on Grain at a Price

Question 77

Short Answer

Given a 5,000 bushel futures contract on grain at a price of $2.75 per bushel, where the margin requirement is 5%, and the maintenance margin is 80%. What would the return on investment be if the price increases by $.08 per bushel?

Correct Answer:

verifed

Verified

58.18%
Explanation: Refer to t...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents