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Contract Each Contract Size Initial Margin Maintenance Margin 3 200-ton corn $7000/Contract 65% Trade Price $1,853 Settlement Price Day 1 2 3 4 5 6
Contract Each Contract Size Initial Margin Maintenance Margin 3 200-ton corn $7000/Contract 65% Trade Price $1,853 Settlement Price Day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 $1,860 $1,845 $1,832 $1,843 $1,855 $1,875 $1,788 $1,802 $1,849 $1,865 $1,887 $1,898 $1,923 $1,911 $1,893 $1,849 $1,832 $1,823 $1,811 17 18 19 20 21 $1,778 From the above information calculate daily gain, cumulative gain, margin account balance and margin call (if any) on daily basis
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