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On Monday, you buy_one T-bond futures contract for $97,000. The initial margin requirement is $5,000 and the maintenance margin requirement is $3,000. Daily gain/loss Day

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On Monday, you buy_one T-bond futures contract for $97,000. The initial margin requirement is $5,000 and the maintenance margin requirement is $3,000. Daily gain/loss Day Monday Tuesday Wednesday Settle price 97,000 97,500 96,500 Margin balance 5,000 ( ) { 3 Figure out daily gain/loss and the margin balance for Tuesday. Figure out daily gain/loss and the margin balance for Wednesday

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