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On March 3 rd you established a long futures position on five MAY 2 4 soybean futures at 1 4 4 9 6 . The

On March 3rd you established a long futures position on five MAY 24 soybean futures at 14496. The maintenance amount on one
MAY 24 soybean futures is $3,875. The volume scan is 25%. One soybean futures contract is 5,000 bu.
Enter the dates and the Jan 24 soybean futures settle prices that are given in Question 4 of the test in the table below. Complete this
table. The margin account balance should be after any daily gains or margin calls are deposited into your margin account.
Date Settle
Price
Daily Gain/Loss per bu Total Daily Gain/Loss Amount of Margin Call Margin Account Balance

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