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3. (6 pts) Fill out the table below and calculate the profit from longing the futures contract. contract covers 10 units of underlying assets. The

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3. (6 pts) Fill out the table below and calculate the profit from longing the futures contract. contract covers 10 units of underlying assets. The initial margin requirement is $20 per unit. The maintenance margin requirement is S12 perunit. Assume the long will not withdraw from Each its margin account. Trading Settlement Opening Mark to Deposits or Closing Margin Can Day Price (S) Balance Market Withdrawals Balance Call? Withdraw Gain/Loss (s) )(N) Money? (N/Y) 0 550 562 559 565 570 573

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