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A company enters into a short futures contract to sell 5,000 bushels of wheat for 446 cents per bushel. The initial margin is $4,000 and

A company enters into a short futures contract to sell 5,000 bushels of wheat for 446 cents per bushel. The initial margin is $4,000 and the maintenance margin is 75% of the initial margin. What price change would lead to a margin call (in units of cents/bushel)?

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