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An investor enters into 2 long July Futures contracts on orange juice. Each contract is for the delivery of 15 000 pounds. The current futures

An investor enters into 2 long July Futures contracts on orange juice. Each contract is for the delivery of 15 000 pounds. The current futures price is 160 cents per pound, the initial margin is $6 000 per contract and the maintenance is $4 500 per contract. What price change would lead to a margin call? Under what circumstances could $2 000 be withdrawn from the margin account?

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