6. An individual takes a long position in 2 December gold futures, traded on New York Commodity Exchange (COMEX), on June 3, 1996: (1) contract size is 100 oz; (2) futures price entered into is US$400; (3) margin requirement is US$2,000/contract (US$4,000 in total); and (4) maintenance margin is US$1,500/contract (US$3,000 in total) In the following table listed a possible outcome of the futures price. a. Complete the table. b. What is the gain/loss from June 4 to June 7? + Day Futures Price Margin Call Daily Gain (Loss) Cumulative Gain (loss) Margin Account Balance June 3 June 4 June 5 June 6 June 7 400.00 397.00 400.00 390.20 397.10 396.70 6. An individual takes a long position in 2 December gold futures, traded on New York Commodity Exchange (COMEX), on June 3, 1996: (1) contract size is 100 oz; (2) futures price entered into is US$400; (3) margin requirement is US$2,000/contract (US$4,000 in total); and (4) maintenance margin is US$1,500/contract (US$3,000 in total) In the following table listed a possible outcome of the futures price. a. Complete the table. b. What is the gain/loss from June 4 to June 7? + Day Futures Price Margin Call Daily Gain (Loss) Cumulative Gain (loss) Margin Account Balance June 3 June 4 June 5 June 6 June 7 400.00 397.00 400.00 390.20 397.10 396.70