1 Sammy buys 2 March 2022 corn contracts when the quote is 525 '4 What is the total value of this position A $26,275 B $36,550 C $52,550 D $65,700 2 Sammy buys 2 March 2022 corn contracts when the quote is 525 '4 Sammy 's broker requires an initial margin of 12 What is the toal amount Sammy has to ...

ANSWER 1 D 65700 Sum of all expenditure liable to be incurred such as installation consuma ...

1. Sammy buys 2 March 2022 corn contracts when the quote is 525'4. What is the total...

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1. Sammy buys 2 March 2022 corn contracts when the quote is 525'4.

What is the total value of this position?

	A.	$26,275
	B.	$36,550
	C.	$52,550
	D.	$65,700

2. Sammy buys 2 March 2022 corn contracts when the quote is 525'4. Sammy's broker requires an initial margin of 12%.

What is the toal amount Sammy has to pay when he makes his trade?

	A.	$6,306
	B.	$16,550
	C.	$52,550
	D.	$55,700

Posted Date: Sep 16, 2021 08:51 PM

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1. Sammy buys 2 March 2022 corn contracts when the quote is 525'4. What is the total...

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