$2.$ On Monday, you purchased one Eurodollar interest rate futures contract for $$98,000.$ Initial performance bond is $$5,000$ and the maintenance performance bond is $$4,000.$

a$)$ Figure out daily gain$/$loss and the margin balance on Tuesday. $(35$points$)$

b$)$ Do you receive the margin call or not on Tuesday? 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? $(35$points$)\backslash$table$[[$Day$,$Settle price,Daily gain$/$loss$,$Margin balance$],[$Monday$,98,000,,5,000],[$Tuesday$,96,000,(,),(,)],[$Wednesday$,99,000,(,),()]]$