Question: Problem 5 (8 points) You are holding a short position in 30 May22 Micro Bitcoin Futures traded on the CME. (a) (2 points) At the
Problem 5 (8 points) You are holding a short position in 30 May22 Micro Bitcoin Futures traded on the CME. (a) (2 points) At the end of today's trading day after settlement) your margin account balance stands at $41,500. Will you get a margin call? (b) (1 point) How much collateral did you have to supply when you entered the short position a while back? (c) (2 points) Describe briefly what happens when you get a margin call! (d) (3 points) What will your margin account balance be at the end of trading tomorrow, if the futures contract tomorrow closes $520 higher than today
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