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Title: Logan sold a corn futures contract using the initial margin of $2,700. His maintenance margin is ... Post by: vnaust on Mar 28, 2022 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. Title: Logan sold a corn futures contract using the initial margin of $2,700. His maintenance margin is ... Post by: jvigil33 on Mar 28, 2022 Content hidden
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