If contracts are written on a 5,000-bushel basis requiring $3,000 of margin and you control 12 contracts,

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If contracts are written on a 5,000-bushel basis requiring $3,000 of margin and you control 12 contracts, how much would the price per bushel have to change to generate enough profit to purchase an additional contract?
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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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