Business, 26.08.2019 18:10 emiliabueno38

Agrain elevator operator bought a futures contract for 5,000 kilograms of rice at $1.50 per kilogram. the initial margin is $4,000 and the maintenance margin is $2,000. (a) what change in (i) balance of margin account and (ii) price per kilogram will lead to a margin call? (b) calculate the price per kilogram at which the margin call will be issued. (c) calculate change in (i) balance of margin account and (ii) price per kilogram at which $2,000 could be withdrawn from the margin account. (d) calculate the price per kilogram at which $2,000 could be withdrawn from the margin account.

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Agrain elevator operator bought a futures contract for 5,000 kilograms of rice at $1.50 per kilogram...

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