Today is Day 1. At the start of Day 1 trading session, Trader A entered into one long Euro FX futures contract maturing three months from now. At exactly the same time, Trader B entered into one short contract of the same Euro FX futures. One contract is of size 125,000. Suppose the initial and maintenance performance bond are respectively $2,200 and $2,000 per contract. When they entered into the contract, the futures rate was $1.2105/ and both traders deposited the required initial margin (i.e., initial performance bond) to their respective brokerage accounts. The following table presents the information on their futures contract positions over the 5 trading days - Day 1 to Day 5. Over these 5 days, they have answered any margin calls promptly by depositing the required amount to top up the balance of their brokerage accounts back to the initial margin at the end of the trading day when they got the margin call. They have not closed their positions. a e Trader A Trader B End-of-day closing Daily profit/loss End-of-day account Daily profit/loss End-of-day account futures price balance* balance* Day 1 b $2,325.00 d Day 2 $1.2120/ f h Day 3 i i k 7 $2,500.00 Day 4 $2,787.50 p Day 5 9 $112.50 1 * Note: Besides reflecting the daily profit/loss, the end-of-day brokerage account balance also reflects any deposit made as a result of a margin call on that day. m n 0 S What are the missing values (a to t) in the table? Show and explain the calculations involved in arriving at your answers. Hint: A long futures contract gives you a profit when futures price goes up and a loss when futures price goes down, vice versa for a short futures contract