Feedback for An investor with 5 Long Corn futures contract entered into at the price of $3500. Next day price of corn futures gone up to $3700. By the end of the 3rd-day price of corn futures dropped to $3000. Find out the variation margin need to be posted at the end of the day 3 if the initial margin is $7000 and maintenance margin is $5500.

Wrong answer. Its 3500$ not 300$ 

Location: Section Test 2 of FMP – Derivatives Basics

Wrong answer. Its 3500$ not 300$ 

  • Actions:


Your email address will not be published. Required fields are marked *