xtreme weather events and citrus greening disease have negatively impacted orange (a type f citrus) cropping yields in Florida, one of the world's largest producing citrus areas located the United States of America. In April the futures price of Frozen Orange Juice Concentrate FOJC) rose to a historical high of US \\( \\$ 2.86 \\) (or US 286 cents) per pound in April 2023. i. Explain using a formula how low orange cropping yields may influence the futures price of frozen orange juice concentrate? (1 mark) ii. In April you bought two futures contracts on FOJC when the futures price was US 286 cents per pound with an initial margin of US \\( \\$ 5,000 \\) per contract. Each contract is for delivery of 15,000 pounds. If your maintenance margin is US \\( \\$ 3,750 \\) what price change in FOJC would lead to a margin call? (2 marks) iii. Instead of futures contract, you entered a one-year long forward contract on FOJC in April 2023 when the forward price was US 286 cents per pound. Each contract is also for delivery of 15,000 pounds. After one month ( \\( t=1 \\) month) the price of the forward concentrate was US 293 cents per pound. Assuming a risk-free rate of \5 with continuously compounding, what is the value of the forward contract after one month? (2 marks)