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2 . On Monday, you purchased one Eurodollar interest rate futures contract for ( $ 9 7 , 5 0 0 )

2. On Monday, you purchased one Eurodollar interest rate futures contract for \(\$ 97,500\). Initial performance bond is \(\$ 5,000\) and the maintenance performance bond is \(\$ 4,000\). a) Figure out daily gain/loss and the margin balance on Tuesday. (35points) b) Do you receive the margin call or not on Wednesday? If you do not receive a margin call, you don't pay anything. However, if you receive a margin call, how much do you pay to restore your margin account to initial performance bond? (35points)

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