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tion 6(22pts) : Margin Account Assume you sell one July ' 23KC HRW contract today at $5.2875; its initial is $1,485 with a maintenance of

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tion 6(22pts) : Margin Account Assume you sell one July ' 23KC HRW contract today at $5.2875; its initial is $1,485 with a maintenance of $1,350. Today - July KC HRW settles at 5286. What do you deposit in the margin account? Session 2 - July KC HRW settles at 5302 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 5266 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 5364 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 5402 Calculate the profit or loss on the trade

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