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PLEASE SHOW ALL WORK WITH PEN AND PAPER PLEASE NO EXCEL ) 3. (10 points) The table presents the behavior of a futures contract on
PLEASE SHOW ALL WORK WITH PEN AND PAPER PLEASE NO EXCEL ) 3. (10 points) The table presents the behavior of a futures contract on euros. contract position until 10/31/18). Calculate your total gain or loss from this futures que Suppose you entered into the futures contract to buy 125,000 (Contract size 125,000) at $1.24/ on October 25, 2018. The initial performance bond is $6,250 and the maintenance level is $4,000. 2000 mall Date Gain/Loss Balance Judy Settlement price ($/) 1.24 10/25/18 $6,250 10/26/18 1.25 10/29/18 1.27 10/30/18 1.22 10/31/18 1.25 a. (6 points) Fill the columns based on the price history of this contract. Please show your calculations. oba 000,0012 diwango) b. (4 points) Suppose you closed out this futures contract on 10/31/18 (you held the contract
PLEASE SHOW ALL WORK WITH PEN AND PAPER PLEASE NO EXCEL )
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