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i need help with this question 24) Demonstrate how a Margin Account operates for both the Long and the Short futures position using the following

i need help with this question

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24) Demonstrate how a Margin Account operates for both the Long and the Short futures position using the following information (you do not need to adjust the values given for contract size or number of contracts) The initial margin is R30. [6 marks] The initial Futures price is R100. On Day 1 the price drops to R90. On Day 2 the price rises to R95. Fill in the correct monetary values for the margin account values (a) through to (f) in your answer booklet. Take care to show the signs (negative and positive) of your cash flows. LONG SHORT 8 DAY 0 a) (b) DAY 1 (c) (d) DAY 2 (e) (f)

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