Question $6(22$ pts$)$: Margin Account

Assume you sell one July $\text{'}23KC$ HRW contract today at $$5\mathrm{.}2875$; its initial is $$2,310$ with a maintenance of $$2,100.$

Today $-$ July KC HRW settles at $5286.$

What do you deposit in the margin account?

$$1\mathrm{.}485q,$

Session $2-$July KC HRW settles at ${530}^{2}2$

What is the gain or loss from session $2?$

loss$-$

$$75q,$

What is the balance? $q,$

Is there a margin call? If so$,$ what is it$?q,$

Session $3-$July KC FRW settles at $5266$

What is the gain or loss from session $3?q,$

What is the balance? $q,$

Is there a margin call? If so$,$ what is it$?q,$

Session $4-$Ofiset July KC HRW at $5364$

What is the gain or loss from session $4?$

What is the balance?

$q,$

Is there a margin call? If $so,$ what is it$?$

$q,$

$q,$

Session $5-$Offiset July KC HRW at ${540}^{2}2$