For Questions 22 to 24. Consider the margin account below; assume the Trader will not close out their position until Day 4. + May 2012 Contract Size 5,000 bu Initial Margin 2,500 $ Maintenance Margin 1,900 $ Initial Position Long ACCOUNT Day Price Value Daily gain or loss Day1(open position) $5.99 $29,950.00 NA Day2 $5.95 Day3 $5.85 22. True or False: On Day 2 this trader would have a daily loss. 23. True or False: On Day 2 this trader would have a margin call (would need to add money to their margin account). 24. True or False: On Day 3 this trader would have a margin call (would need to add money to their margin account)