Question 2 1 pts James Harden has received the following tip from his financial advisor: "James, the price of copper is very likely, about to jump up in the coming 4 weeks: I'd strongly recommend you to get in on itTrusting his advisor's forecast, Harden is willing to take a 1 million dollar position using November copper futures, whose contract size is 1000 pounds. On September 7th, 2021, when Harden opens his position, the current spot price and November futures price for copper are $280 and $285 per pound, respectively and he needs to post an initial margin of $12,500 per contract. He is also informed that the maintenance margin per contract is $10,000. At the end of the first day of trading, the November futures contract settles at $287 per pound. The balance of Harden's margin account at the close on September 7th, 2021 is, therefore: $840,000 O $998,000 O $440,000 O $1.160.000 None of the other answers