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Question 6 (22 pts): Margin Account Assume you buy one July '23 KC HRW contract today at $5.2875; its initial is $2,310 with a

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Question 6 (22 pts): Margin Account Assume you buy one July '23 KC HRW contract today at $5.2875; its initial is $2,310 with a maintenance of $2,100. o Today July KC HRW settles at 528'6. What do you deposit in the margin account? Session 2-July KC HRW settles at 520'2 What is the gain or loss from session 2? What is the balance? Is there a margin call? If so, what is it? Session 3-July KC HRW settles at 526'6 O What is the gain or loss from session 3? What is the balance? Is there a margin call? If so, what is it? Session 4 - Offset July KC HRW at 536'4 What is the gain or loss from session 4? What is the balance? Is there a margin call? If so, what is it? Session 5-Offset July KC HRW at 530'0 Calculate the profit or loss on the trade.

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