A company enters into a short futures contract to sell 50,000 units of a commodity for 91

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A company enters into a short futures contract to sell 50,000 units of a commodity for 91 cents per unit. The initial margin is $6,462 and the maintenance margin is $4,400 What is the futures price per unit above which there will be a margin call?

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Risk Management and Financial Institutions

ISBN: 978-1118955949

4th edition

Authors: Hull John

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Posted Date: Sep 23, 2020 12:30 AM

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A company enters into a short futures contract to sell 50,000 units of a commodity for 91

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