Question: Question 5 2 pts You take a speculative long position in T! January'frozen concentrated orange juice {FCDJ} futures at a price of 121.39ttflb. Each FCDJ

Question 5 2 pts You take a speculative long
Question 5 2 pts You take a speculative long position in T!\" January'frozen concentrated orange juice {FCDJ} futures at a price of 121.39ttflb. Each FCDJ contract represents 15,DDD lbs. If your account has an initial margin of F536, what will be 1your dollar prot if you close out this position at 119.29f|b. prior to expiration? {Round answer to 2 decimal places. Do not round intermediate calculations}

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