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answer question B please, A is answered 3. (10 points) The table presents the behavior of a futures contract on euros Suppose you entered into

answer question B please, A is answered image text in transcribed
3. (10 points) The table presents the behavior of a futures contract on euros Suppose you entered into the futures contract to buy 125,000 (Contract size = 125,000) at S1.24/ on October 25, 2018. The initial performance bond is 56,250 and the maintenance level is $4.000. Date Gain Loss Balance Settlement price (S/E) 1.24 $6,250 10/25/18 10/26/18 1.25 10/29/18 1.27 7,500 10,000 3,750 7.500 10/30/18 1.22 10/31/18 1.25 a. (6 points) Fill the columns based on the price history of this contract. Please show your calculations. . Gain/Loss Balance mequ call ] Date Settlement price (S/E) 1.24 $6,250 10/25/18 1.25 10/26/18 1.27 10/29/18 TO/30/18 1.22 1.25 1250 7,500 2500 10,000 -6250 3,750 2500 10/31/18 1250 7 500 o on 10180116 margin fall below mcenteve meiqiu, so moeipiu ccented on this day Merpen Calle 6280-3780 =2500 b. (4 points) Suppose you closed out this futures contract on 10831/18 (you held the contract position until 10/31/18). Calculate your total gain or loss from this futures contract

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