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A company enters into two short futures contracts (each contract for 1,000 barrels of oil) for $20 per barrel. The initial margin is $6,000 per

A company enters into two short futures contracts (each contract for 1,000 barrels of oil) for $20 per barrel. The initial margin is $6,000 per contract and the maintenance margin is $4,000 per contract. The oil futures price at the end of the next trading day is $22.50. This price will result in a margin call closest to: Question 19 options: $0 $5,000 $3,000 $500

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