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A futures contract covers 5000 pounds with a minimum price change of $0.01 is sold for $30.60 per pound. If the initial margin is $2,500
A futures contract covers 5000 pounds with a minimum price change of $0.01 is sold for $30.60 per pound. If the initial margin is $2,500 and the maintenance margin is $1,800, at what price would there be a margin call?
31.91
30.75
31.32
31.60
31.80
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