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1 8 ) Lesterday, you entered into a futures contract to buy to 2 , 5 0 0 at S 1 . 5 0 /

18) Lesterday, you entered into a futures contract to buy to2,500 at S1.50/. Your initial margin was $3,750(-0.04\times 62,500* $1.50=4 percent of the contract value in dollars). Your maintenance margia is 52,000(meaning that your broker leaves you alone until your account balance falls to $2.000). At what settle price (use 4 decial places) do you get a margin call?A) $1.4720/C)51.500 BI S1.5250/D) none of the options

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