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D The following information applies to Question 1 and Question 2. Suppose a trader opens 8 long positions on a stock futures with price $36.40.

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D The following information applies to Question 1 and Question 2. Suppose a trader opens 8 long positions on a stock futures with price $36.40. The number of stocks per futures contract is 100, initial margin per contract is $364 and the corresponding maintenance margin is $291. D Question 1 2 pts If the futures price at the end of the day is $40.30, then how much profit or loss has the trader made? 4

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