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You purchase 15 futures contracts with an initial margin of $2,500 and a maintenance margin of $1,700. If the futures contracts call for delivery of 50,000 bushels, what is the most the underlying asset can fall in price before you receive a margin call?
Genuine Imitation
An oxymoronic phrase often used sarcastically to describe a product that pretends to be something it is not.
Rear-Ended
A type of vehicular accident where one vehicle crashes into the back of another.
Road Traffic Laws
Laws established to regulate vehicles and traffic to ensure safety on roads for drivers, passengers, and pedestrians.
Tort for Damage
A civil wrong that causes someone to suffer loss or harm resulting in legal liability for the person who commits the tortious act.
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