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A futures contract covers 900 lbs of wheat. The minimum price change is of 0.08 Your initiate an short transaction for $29,33 per lbs .

A futures contract covers 900 lbs of wheat. The minimum price change is of 0.08 Your initiate an short transaction for $29,33 per lbs . If the initial margin is $2933 and the maintenance margin is 2199 at what price would there be a margin call without the minimum price change? At what price would there be a margin call considering the minimum price change?

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