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MyASUS Software rive -5 wals (The following applies to the next two problems.) (FEM #3) On June 1, 2021, you bought the AA100 stock index

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MyASUS Software rive -5 wals (The following applies to the next two problems.) (FEM #3) On June 1, 2021, you bought the AA100 stock index futures contract at 1,000 and were required to put up initial margin of $8,000. The value of the contract is 1,000 times the $100 multiple, or $100,000. On the next three days, the contract's settlement price was at these levels: day 1: 990, day 2: 965, day 3: 940 7.(10 points) Calculate the value of your margin account on each day. Day : Day 1

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