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4. On Monday, you sell one T-bond futures contract for $97,000. The initial margin requirement is $4,000 and the maintenance margin requirement is $2,500. Daily

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4. On Monday, you sell one T-bond futures contract for $97,000. The initial margin requirement is $4,000 and the maintenance margin requirement is $2,500. Daily gain/loss Day Monday Tuesday Wednesday Settle price 97,000 97,500 96,500 Margin balance 4,000 1) Figure out daily gain/loss and the margin balance for Tuesday. (20points) 2) Figure out daily gain/loss and the margin balance for Wednesday. (20points)

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