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A company enters into a long futures contract to buy 100,000 units of a commodity for 80 cents per unit. The initial margin is $12,000

A company enters into a long futures contract to buy 100,000 units of a commodity for 80 cents per unit. The initial margin is $12,000 and the maintenance margin is $8,000. What is the futures price per unit below which there will be a margin call?

	a.	78 cents
	b.	76 cents
	c.	74 cents
	d.	72 cents

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