Question: Suppose the initial margin requirement for the oil contract is 20. Contract size is 1000 barrels. Current future price for march is ( $ 62.48

$Suppose the initial margin requirement for the oil contract is \20.$

Suppose the initial margin requirement for the oil contract is \20. Contract size is 1000 barrels. Current future price for march is \$ \\$ 62.48 \$. If the spot oil price at maturity date is 65.48 , what's your return if you long the contract? A. \35.00. B. \20.01 C. \28.00 D. \24.01

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