Question: A trader opens a short position on a corn futures contract (total 100 pounds) worth $100,000. Given an initial margin of 10%, and if the

A trader opens a short position on a corn futures contract (total 100 pounds) worth $100,000. Given an initial margin of 10%, and if the price of corn increases by 1 dollar per pound after opening the position, what will be the balance of the margin account?

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