(e) $3.25 per share 7. Today (February 20, 2023) at price $79.50, you open a short position in WTI Oil Futures contract that will mature in March 2023. The required initial margin rate is 40%, and the maintenance margin rate is 20%. Suppose the price of this contract becomes $81.20 at the end of tomorrow (February 21, 2023), what will happen to your account? (a) You will receive $0.34 (b) You will lose $1.70 (c) You will receive $0.68 (d) You will lose $0.68 (e) You will receive a margin call 8. Suppose that the continuously compounded interest rate is 6% per year and the 2 year forward price of gold is $1,337. What is today's spot price of gold? (a) $1,185.81 (b) $1,507.46 (c) $1,419.68 (d) $1,259.14 (e) None of the above