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Please discuss the following question. The due time of this discussion is 11 pm next Tue. Consider a short position in the /$ futures contract

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Please discuss the following question. The due time of this discussion is 11 pm next Tue. Consider a short position in the /$ futures contract specifying 62,500, quoted in 1.95, and maturing in 3 months. The initial margin requirement is $2,000 and the maintenance margin is $1,500. Fill the table below. Please show your analysis in detail. Please do not attach a file in your posts Opening or Day Margin adjustment withdrawal Deposit or Margin account settle FX rate Day 0 = 1.9500 Day 1 = 1.9400 Day 2 = 1.9560 Day 3 = 1.9600 Day 4 = 1.9460

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