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A company enters into a short futures contract to sell 25,000 units of a commodity for 60 cents per unit. The initial margin is $5,000
A company enters into a short futures contract to sell 25,000 units of a commodity for 60 cents per unit. The initial margin is $5,000 and the maintenance margin is $4,000. What is the futures price per unit in cents above which there will be a margin call?
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