You Purchase Five Futures Contracts at a Price of $4

question 82

Multiple Choice

You purchase five futures contracts at a price of $4.32 on 15,000 bushels and an initial margin of $4,500. If the maintenance margin is $3,800, at what price change will you receive a margin call?

• A) A price decrease of $0.047.
• B) A price increase of $0.038.
• C) A price increase of $0.051.
• D) A price increase of $0.047.
• E) A price decrease of $0.038.

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Definitions:

Extreme Pain

A severe level of discomfort or pain, often requiring immediate medical attention or intervention.

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A method of pain management that allows the patient to self-administer a pre-set dose of pain medication, usually via a pump.

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