As a professional speculator, Burox view the CPO market globally in 2021 will be an upward direction. However, few issues related to pandemic Covid 19 and the effectiveness of vaccination program will also contribute to the performance of CPO in the market in the near future. Malaysia as one the best countries with many assistance and development programs created by its Prime Minister, Tan Sri Muhyiddin. Burox enter BMDB to trade for 250 tonnes at price of RM3,622 for 7 days in order to take advantage with the current market conditions. On Aug 20", Burox required to pay 10% initial margin from contract value and maintain 80% of your initial margin. Following are the data from the Bursa Malaysia Derivatives Berhad (BMDB). Settlement Price 3680 3710 3730 Trading date Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 3670 3600 3530 3640 Required: (6 a) Compute the contract value, initial margin and maintenance margin. marks) b) Prepare marked-to-market position. marks) 6