Alejandra enters into a long position on a futures contract expiring in one year. You are given: The initial margin is 500. The maintenance margin is 400. The margin account earns a continuously compounded rate of 3.81%. Proceeds are marked-to-market monthly. After one month, Alejandra receives a margin call requiring her to deposit more funds into her margin account. Let X be the absolute value of the price change in the futures contract, and let Y represent the amount that Alejandra needs to add to her margin account to satisfy the margin call. Determine which of the following expressions is correct.

Alejandra enters into a long position on a futures contract expiring in one year. You are given: (i) The initial margin is 500. (ii) The maintenance margin is 400. (iii) The margin account earns a continuously compounded rate of 3.81%. (iv) Proceeds are marked-to-market monthly. After one month, Alejandra receives a margin call requiring her to deposit more funds into her margin account. Let X be the absolute value of the price change in the futures contract, and let y represent the amount that Alejandra needs to add to her margin account to satisfy the margin call. Determine which of the following expressions is correct. A Y = X -0.25 B Y = X -0.51 Y = X 1.59 D Y = X - 4.78 E Y = X - 8.54 Alejandra enters into a long position on a futures contract expiring in one year. You are given: (i) The initial margin is 500. (ii) The maintenance margin is 400. (iii) The margin account earns a continuously compounded rate of 3.81%. (iv) Proceeds are marked-to-market monthly. After one month, Alejandra receives a margin call requiring her to deposit more funds into her margin account. Let X be the absolute value of the price change in the futures contract, and let y represent the amount that Alejandra needs to add to her margin account to satisfy the margin call. Determine which of the following expressions is correct. A Y = X -0.25 B Y = X -0.51 Y = X 1.59 D Y = X - 4.78 E Y = X - 8.54