2 1 1 24. You have just deposited $17,500 into a new futures account. You have established the following positions: Asset Qty Entry Price Mgn/Contract Initial Equity Tic Value Contract Unit Cash Balance $2,137 LCV20 107.65/cwt $1,350 $2,700 $.025/lb=$10 40,000 lbs CTV20 0.5637 $4,900 $4,900 1/100 cent = $5 50,000 lbs HGX20 3.025 $7,763 $7.763 $0.25/lb=$12.50 25,000 lbs The prices of the commodities have moved during the trading day so that COB (close of business) quotes are: Contract High Low Close Net 4 LCV20 112.525 111.025 112.525 +4.875 CTV20 0.6416 0.6416 0.6416 +0.0779 HGX20 3.116 3.025 3.110 +0.14 What is the new balance of the account when marked-to-market? 2 1 1 24. You have just deposited $17,500 into a new futures account. You have established the following positions: Asset Qty Entry Price Mgn/Contract Initial Equity Tic Value Contract Unit Cash Balance $2,137 LCV20 107.65/cwt $1,350 $2,700 $.025/lb=$10 40,000 lbs CTV20 0.5637 $4,900 $4,900 1/100 cent = $5 50,000 lbs HGX20 3.025 $7,763 $7.763 $0.25/lb=$12.50 25,000 lbs The prices of the commodities have moved during the trading day so that COB (close of business) quotes are: Contract High Low Close Net 4 LCV20 112.525 111.025 112.525 +4.875 CTV20 0.6416 0.6416 0.6416 +0.0779 HGX20 3.116 3.025 3.110 +0.14 What is the new balance of the account when marked-to-market