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Suppose that you enter into a long futures contract to buy July silver for NT$28 per ounce. The size of the contract is 1,500 ounces.

Suppose that you enter into a long futures contract to buy July silver for NT$28 per ounce. The size of the contract is 1,500 ounces. The initial margin is NT$9,000 and the maintenance margin is NT$6,000. What change in the futures price will lead to a margin call? What happens if you do not meet the margin call?

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