What price change would lead to a margin call

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Question - A company enters into a short futures contract to sell 5; 000 bushels of wheat for 250 cents per bushels. The initial margin is $3; 000 and the maintenance margin is $2; 000. What price change would lead to a margin call? Under what circumstances could $1; 500 be withdrawn from the margin account?

Reference no: EM133045583

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