Question: Based on the following scenario, as well as your knowledge of margin accounting, fill in the blanks in the following table. Note that each blank
Based on the following scenario, as well as your knowledge of margin accounting, fill in the blanks in the following table. Note that each blank has a letter corresponding to it (A through G). List the letter, and then the answer that should go in the corresponding box. Show work where needed. Scenario - Assume as a speculator in wheat futures you take a long position of 1 December contract at $5.35/ bushel. Each contract is for 5,000 bushels. Initial margin is $1,000. The margin maintenance level is $800
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