Question: help please Question 26 1 pts Please answer the next question based on the closing July futures contract prices for GBP for three consecutive days

help please

Question 26 1 pts Please answer the next question based on the closing July futures contract prices for GBP for three consecutive days in June 20XX. You bought two GBP futures contract at the closing price on 3/01. Each GBP futures contract requires the delivery of GBP 125,000. Suppose the initial and maintenance margin for each GBP futures contract are $2,000 and $1,000, respectively, Date 3/01 3/02 3/03 GBP Spot Price $1.5374 $1.500S $1.5285 July GBP Futures Contract Price $1.5545 $1.5500 $15487 Assuming that you meet your margin calls if you get any, please estimate how much money you will have in your margin account at the close of the trading day on 3/03 $2.550 55.450 $2163 $1.275

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