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A silver futures contract requires the seller to deliver 5,000 troy ounces of silver. An investor sells one April silver futures contract at a price

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A silver futures contract requires the seller to deliver 5,000 troy ounces of silver. An investor sells one April silver futures contract at a price of $15 per ounce, posting an $8,400 initial margin. If the required maintenance margin is $6,900, the price per ounce at which the investor would first receive a maintenance margin call is closest to: $13.62 $14.70 $15.30 $16.38

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