This topic contains a solution. Click here to go to the answer

Author Question: Logan sold a corn futures contract using the initial margin of $2,700. His maintenance margin is ... (Read 124 times)

curls713

  • Full Member
  • ***
  • Posts: 153
Logan sold a corn futures contract using the initial margin of $2,700.  His maintenance margin is $2,000.  The price of corn began to rise in early summer, but Logan wants to keep his contract.  When his margin falls below $2,000 (minimum maintenance)
◦ his contract will be automatically sold or canceled.
◦ he does not need to do anything since the most he can lose is $2,700.
◦ he will need to deposit enough money in his margin account to bring the balance up to $2,000.
◦ he will need to deliver the corn immediately.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by curls713 on Mar 29, 2022

ekattan2

  • Full Member
  • ***
  • Posts: 151
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly




curls713

  • Member
  • Posts: 153
Reply 2 on: Mar 29, 2022
Gracias!


tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

For a complete list of videos, visit our video library