The investor engages in the purchase of a corn futures contract, wherein the terms stipulate the delivery of 5,000 bushels of corn during September. The investor purchased the corn contract for USD 2.00 per bushel and provided an initial margin of USD 540 . To ascertain the price movement necessary to initiate a maintenance margin call for the investor, it is vital to consider a maintenance margin need of USD400 about the price per bushel of corn. Party A has executed a currency forward agreement wherein they have committed to acquiring EUR10 million at an exchange rate of USD0.98 per EUR. During settlement, the prevailing exchange rate between the United States Dollar (USD) and the Euro (EUR) is USD0.97 per Euro. If the contract is resolved through a financial settlement, it is necessary to calculate and provide a rationale for the decision made by party A. (10 Marks) Zainal engages in a long position by purchasing a T-bill futures contract with a face value of USD 1 million for 98.14. Subsequently, Zainal terminated the contract by selling it for 98.27. Determine and provide a rationale for the duration of the contract entered into by Zainal. Please be advised that the profits and losses associated with T-bill and Eurodollar futures are equivalent to USD 25 for every basis point of the quoted price