Problem 1.2. Suppose you bought 10 gold futures which expires on Nov 2020 at $1882.10 per troy ounce. One gold futures contract cover 100 troy ounces, maintenance margin requirement is $9300.00 per contract and the initial margin requirement is 110% of maintenance margin requirement. 1. Calculate the initial margin for ten contracts 2. Calculate the maintenance margin for ten contracts 3. Suppose gold prices for next few days as follows. Margin account balance calculated at the end of the day and immediately requested margin deposit (if required). Also assume no interest on balance in margin account. Day Closing Price Margin Account Balance Margin Deposits (if any) 1 1891.90 2 1898.90 1877.60 4 1869.90 5 1873.00 Complete the table (Show your calculation). If you close out your position at the end of the day 5 for closing price of day 5, what would be the profit/loss