A company enters into a long futures contract to buy 1000 barrels of oil at $60 per barrel. The initial margin is $6000 and the maintenance margin is $4000. What oil futures price will allow $2000 to be withdrawn from the margin account? _______

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The Answer of A company enters into a long futures contract to buy 1000 barrels of oil at $60 per barrel. The initial margin is $6000 and the maintenance margin is $4000. What oil futures price will allow $2000 to be withdrawn from the margin account? _______

A Company Enters into a Long Futures Contract to Buy