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A trader buys three August futures contracts on crude oil. Each contract is for the delivery of 1 , 0 0 0 barrels. The current
A trader buys three August futures contracts on crude oil. Each contract is for the delivery of barrels. The current futures price is $ per barrel, the initial margin is $ per contract, and the maintenance margin is $ per contract. Under what circumstances could $ be withdrawn from the margin account?
AWhen the trader buys three more futures contracts
BWhen the futures price increases to $ per barrel
CWhen the trader sells one of the futures contracts
DWhen the futures price decreases to $ per barrel
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