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You enter into a short crude oil futures contract at $49 per barrel. The initial margin is $3,376 and the maintenance margin is $2,401. One

You enter into a short crude oil futures contract at $49 per barrel. The initial margin is $3,376 and the maintenance margin is $2,401. One contract is for 1,000 barrels of oil. By how much do oil prices have to change before you receive a margin call?

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47.98

46.98

50.98

49.98

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