A company enters into a short futures contract to sell 10,000 units of a commodity for $5.00 per unit. The initial margin is $4,000 and the maintenance margin is $3,000. What is the futures price per unit above which there will be a margin call?

Select one:

a.

$4.80

b.

$4.90

c.

$5.10

d.

none of the above.