Question: 3. (10 points) The table presents the behavior of a futures contract on curos. Suppose you entered into the futures contract to buy 125,000 (Contract

3. (10 points) The table presents the behavior of a futures contract on curos. Suppose you entered into the futures contract to buy 125,000 (Contract size 125,000) at $1.19 on October 26, 2020. The initial performance bond is 56,250 and the maintenance level is $4,000. Date Settlement price (S/E) 1.19 Gain Loss (S) Balance (S) 6,250 10/26/20 10/27/20 1.21 10/28/20 1.18 10/29/20 1.22 10/30 20 1.21 a. (6 points) Fill the columns based on the price history of this contract. Please show your calculations. b. (4 points) Suppose you closed out this futures contract at the end of 10/30/20. Calculate your net gain or loss of this futures contract from 10/27/20 through 10/30/20
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