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Afutures contract covers 6000 pounds of a commodity. The minimumprice change is of $0.08.Your initiate a short transaction for $48.32 per pound. If the initial

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Afutures contract covers 6000 pounds of a commodity. The minimumprice change is of $0.08.Your initiate a short transaction for $48.32 per pound. If the initial marginis $4832 and the maintenance margin is $3624, 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. Round the prices to 6 decimals

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