The initial margin is 3000 and the maintenance margin is


A company enters into a short future contract to sell 5,000 bushels of wheat for 450 cents per bushel. 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 Under what circumstances could $1,500 be withdrawn from the margin account? Please show work.

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Financial Management: The initial margin is 3000 and the maintenance margin is
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