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Suppose the initial margin on heating oil futures is $12,900, the maintenance margin is $11,000 per contract, and you establish a long position of 12

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Suppose the initial margin on heating oil futures is $12,900, the maintenance margin is $11,000 per contract, and you establish a long position of 12 contracts today, where each contract represents 40,000 gallons. Tomorrow, the contract settles down $.05 from the previous day's price. What is the maximum price decline on the contract that you can sustain without getting a margin call? Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 3 decimal places

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