The price of the March Oil futures contract is $90.30 per barrel. The size of the contract is 1,000 barrels.

The tick size is $0.01

The Initial Margin is $7,700 per contract. The Maintenance Margin is $7,000

Part A:

Calculate the settle price at a which market participant that is LONG the March Oil Futures contract would receive a margin call.

Part B:

Calculate the settle price at a which market participant that is SHORT the March Oil Futures contract would be able to withdraw $2,000 from the margin account.