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Each gold futures contract represents 1 0 0 ounces and requires an initial margin of $ 4 , 9 5 0 and a maintenance margin

Each gold futures contract represents 100 ounces and requires an initial margin of $4,950 and a maintenance margin of $4,500. A trader sells ten December futures contract on gold at 1,948.04. What price change would lead to a margin call?

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