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A company buys two futures contracts that each commit the company to buy 10,000 units of a commodity for $7.72 per unit. The initial margin

image text in transcribed A company buys two futures contracts that each commit the company to buy 10,000 units of a commodity for $7.72 per unit. The initial margin is $20,000 and the maintenance margin is $15,000. What is the futures price per unit above or below which there will be a margin call? $6.72 $8.22 $7.47 $7.97

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