Question: Please Calculate Robert's gain/loss using data from the attached file. (Forward price, Futures gain/loss, margin, account balance) Question 3 (1 point) Gail decides to buy

Please Calculate Robert's gain/loss using data from the attached file.

Please Calculate Robert's gain/loss using data
(Forward price, Futures gain/loss, margin, account balance) Question 3 (1 point) Gail decides to buy a Treasury note futures contract for delivery of $100,000 face amount in March, at a price of 13012.0. At the same time, Robert decides to sell a Treasury note futures contract if he can get a price of 130'12.0 or higher. The exchange, in turn, agrees to sell one Treasury note contract to Gail at 13012.0 and to buy one contract from Robert at 13012.0. The price of the Treasury note increases to 130717.0. Calculate Robert's gain/loss. Please note that loss should be entered with minus sign. Round the answer to two decimal places

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