You an October futures contract on petroleum at $42.50 per barrel. One contract represents 1,000 bought barrels of petroleum. Initial margin on the contract was $1688.8. Maintenance margin is equal to $1200.By the end of the day the price had increased to $43.00 per barrel. Will you get a margin call? If yes, how much money will you have to deposit? If no, can you withdraw any money How much? If you are a speculator, when would you enter in this position? What would be the return on your investment if you shorted futures contracts at a futures price of $42.50 and later closed your position at $43 per barrel? As a speculator, could you take a position in the forward market? What are the main differences between futures and forward markets? You an October futures contract on petroleum at $42.50 per barrel. One contract represents 1,000 bought barrels of petroleum. Initial margin on the contract was $1688.8. Maintenance margin is equal to $1200.By the end of the day the price had increased to $43.00 per barrel. Will you get a margin call? If yes, how much money will you have to deposit? If no, can you withdraw any money How much? If you are a speculator, when would you enter in this position? What would be the return on your investment if you shorted futures contracts at a futures price of $42.50 and later closed your position at $43 per barrel? As a speculator, could you take a position in the forward market? What are the main differences between futures and forward markets