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As a financial analyst at Deutsche Bank, NY, you are helping your client with futures hedging. Your client enters into a long position in futures

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As a financial analyst at Deutsche Bank, NY, you are helping your client with futures hedging. Your client enters into a long position in futures contract to buy 5,000 bushels of wheat for \\( \\$ 6.50 \\) per bushel. The initial margin is \\( \\$ 3,000 \\) and the maintenance margin is \\( \\$ 2,000 \\). Your client will be allowed fo withdrau any balance in the margin account in excess of the initial margin and the company will get a margin call if the balance is going below the maintenance margin. a. Will the trader get a margin call if the futures price goes to \\( \\$ 6.14 \\) ? (sample answer: Yes or No) b. What will be the price that will trigger a margin call of \\( \\$ 2,500 \\) ? (sample answer \\$4.50) c. What will be the price that will allow you to withdraw just \\( \\$ 2,500 \\) from the margin account? (sample answer \\$4.50)

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