Question: A trader has a long position in a wheat contract. The initial margin is $ 5 , 0 0 0 . The maintenance margin is

A trader has a long position in a wheat contract.
The initial margin is $5,000.
The maintenance margin is $3,750.
There are 5,000 bushels in each wheat contract.
On July 10, the price is $2.00 per bushel.
What is the price at which the trader will receive a maintenance margin call?
A) $2.25.
B) $1.75.
C) $1.90.
A trader has a long position in a wheat contract.

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