Question: Question #39 (10 points). Cooper entered into a long position in Natural Gas. The maintenance marginis $7.500 per contract and the initial margin is $8,250

 Question #39 (10 points). Cooper entered into a long position in

Question #39 (10 points). Cooper entered into a long position in Natural Gas. The maintenance marginis $7.500 per contract and the initial margin is $8,250 per contract. Each contract is for 10,000 MMBtu's Prices below are US dollars and cents per MMBtu. If Cooper purchased 5 contracts (a) what is the amount of his initial margin for his entire exposure/position? (1 point) Total- Scontracts x 10,oou musturs = 50,000 {b) what is the amount of his maintenance margin for his entire exposure/position? (point) - 8,256 X con AS = 4 250 orie (c) complete the table below for his margin account balance for his entire exposure/position (8 points) HON $700x Scontacts 37,500 Be sure to appropriately label values in the respective columns/rows/cells. Day Trade Price Settle Price Daily Gain (S) Cum. Gain (S) Margin Balance (5) Margin Call (5) 1 $4,475 41,250 2 $4,675 3 $4.570 4 55.043 5 54.723 6 $4.492 7 $4.199 8 $4.220 9 $3.978 10 $3.941 148,000 $8,000 3,800 A 18,420 22 1720 6 -12,800 49,900 1-1,840680 B-11,880 - 12 $1,000 $-10,200 18-8,680 - 19,880 1-1,480 - 21,360 }-280 Itt - 21,690 |$8,960 6-12, 686 3,286 1-4, Poo La 13,200 $3,800 118-1,760 32,040-3,800 $3,240 B-560 $4,600 11 $3.934 12 $4.158 13 $4.240 14 $4.570 15 $4,432 K-5,560 16 $4.380 17 $4,461 18 $4,590 friooo

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