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Below are the spot prices for Bitcoin and the 1-year risk-free interest rates for April 23, 2022 through April 25, 2022. Bitcoin does not need

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Below are the spot prices for Bitcoin and the 1-year risk-free interest rates for April 23, 2022 through April 25, 2022. Bitcoin does not need to be stored and does not produce any cash flows. Date Price APR 4/23/2022 40,461 1.93% 4/24/2022 39,909 2.01% 4/25/2022 39, 513 2.06% 9. What is the 1-year future price for Bitcoin on 4/23/2022? Layla took a long position and Nessah took a short position in the a 1-year bitcoin future on April 23, 2022. A Bitcoin futures contract is for 5 Bitcoin. The initial margin requirement is 10% and the maintenance margin requirement is 5%. The overnight interest rate on margin deposits is 0.25% (0.0025). 10. What is Layla's margin balance at the close on 4/24/2022? 11. What is Nessah's margin balance at the close on 4/24/2022

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