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If a manufacturing company enters into a long futures contract on 25,000 pounds of copper for 306 cents per pound, what price will allow the
If a manufacturing company enters into a long futures contract on 25,000 pounds of copper for 306 cents per pound, what price will allow the company to withdraw $2,500 from its margin account? The initial margin is $3,500 and the maintenance margin is $2,500.
A 310
B 316
C 320
D 312
E 322
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