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please help with these two questions. The following quotes are the closing spot prices and September futures contract prices for CHF on four consecutive days

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The following quotes are the closing spot prices and September futures contract prices for CHF on four consecutive days in July 20XX. You sold two CHF futures contract at the closing price on 7/01/XX. Each CHF futures contract requires the delivery of CHF 125,000. Suppose, the initial and maintenance margin for each CHF futures contract are $1,500 and $1,000, respectively. 7/03 7/01 $0.7579 7/02 $0.7527 7/04 $0.7580 $0.7588 Date Closing CHF Spot Price Closing September CHF Futures Contract Price $0.7750 $0.7782 $0.7827 $0.7713 Assuming that you meet your margin calls, if you get any, please estimate how much money you will have in your margin account at the close of 7/02: -5800 $2,200 $3.000 $2,000 Question 4 1 pts The following quotes are the closing spot prices and September futures contract prices for CHF on four consecutive days in July 20XX. You sold two CHF futures contract at the closing price on 7/01/XX. Each CHF futures contract requires the delivery of CHF 125,000. Suppose, the initial and maintenance margin for each CHF futures contract are $1,500 and $1,000, respectively. 7/02 7/01 $0.7579 7/03 $0.7588 $0.7527 7/04 $0.7580 Date Closing CHF Spot Price Closing September CHF Futures Contract Price $0.7750 $0.7782 $0.7827 $0.7713 If you sold CHF futures on then you will post a proht on 07/03;07/04 07/01: 07/02

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