Assume another speculator did another trade on the same dry (Jaly 2% ). Plecoe calkolate the margia balance. Sthow when (if) matgin calls would be necessary and their amoune. (1) The second speculator puts in an order to ge. shert a 5,000 beilhel contnct of December com fatures at 53.50, and the order to go short at $3.50 is filled on July 2 ut. (2) The second speculator puts in a market arder to go long the same December com futures on Jaly 24, and ihe order is filled at 53.95. o make sure that you get the right answer. Please use two different ways to arower the following question: (1) Calculate his gain/oss by using his margin action and account balance. (2) Calculate his gainloss by looking at the com prices. Let's assume we have speculaters who hear about drought damnge to the mation's com crop and decide they want to tmde corn futures. A broker is contacted, the necessary forms are compleicd, and a speculator is told the marein requirement for a 5 , 000-bushel com contrict is on the CBOT are $1,200 initial and 5800 mainienance per contrat. (1) Our speculator puts in an order io go long a 5,000 -bushel contract of December com futures at 53.50, and the order io Bo long at 53,50 is filled on July 2at. (2) Our speculator puts in an order to go short the same Docenber corn futures at 53.90 on July 27, and the order to go short at. \$3.90 is filled in the same day. Please fill in the last two columns of the following table. To make sure that you get the ngnt answer. racase use rwo ameren ways o mower une ronowing queston: (1) Calculate his gainloss by nsing his margin action and ascount balance. (2) Calculate his gainloss by looking at the corn pnces