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22. Today, you have entered in a CBOT ealadiem cantract at $907. 8/troy oz. The contract requires a $4,500 initial margis and a $3,450 maintenance
22. Today, you have entered in a CBOT ealadiem cantract at $907. 8/troy oz. The contract requires a $4,500 initial margis and a $3,450 maintenance margin. The contract size is 250 troy aunce of galaciulu After yau entered the contract, the next five clasing prices/troy az. are $905.4,$901.15,$891.89,$912.05 and $905.89. Calculate the daily ending balance for your position for both long and the short contract. If you do receive a margin call, calculate the amount of margin call and carry an with the cantract. {10}
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