Question: Please solve correctly, the solutions I've gotten have all been incorrect, please help Suppose the initial margin on heating oil futures is $8,600, the maintenance

Please solve correctly, the solutions I've gotten have all been incorrect, please helpPlease solve correctly, the solutions I've gotten have all been incorrect, please

Suppose the initial margin on heating oil futures is $8,600, the maintenance margin is $5,000 per contract, and you establish a long position of 20 contracts today, where each contract represents 44,000 gallons. Tomorrow, the contract settles down $.01 from the previous day's price. What is the maximum price decline on the contract that you can sustain without getting a margin call? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 3 decimal places.)

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