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Suppose the initial margin on heating oil futures is $8,700, the maintenance margin is $6,000 per contract, and you establish a long position of 15

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Suppose the initial margin on heating oil futures is $8,700, the maintenance margin is $6,000 per contract, and you establish a long position of 15 contracts today, where each contract represents 45,000 gallons. Tomorrow, the contract settles down $0.09 from the previous day's price. What is the maximum price decline on the contract that y sustain without getting a margin call? (Round your answer to 3 decimal places.) ou carn Margin callcents per gallon

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