The current value of an S&R futures is 1000$. You buy 50 futures on the S&R and the contract size is 500$. The margin is settled on a weekly basis and the margin is 12.5% of the notional value. Margin calls are made as soon as the the margin is below 75% of the initial margin level. We assume that r= 5%. Use an Excel spreadsheet to calculate the profit over the whole period for a) Futures and b) Forward contract ( Note you need to make the Excel spreadsheet yourself, it is NOT missing from the question)