You find the following current quote for the September T-bond futures contract: $100,000 par value: Pts 32nd, of 100 percent. Last September 95'12 Prev. Change Settle -0.01 95 13 Open 95 10 High 95'12 Low 95'08 Initial Margin = $3,000, Maintenance Margin = $2,000 Suppose you buy one contract at the open of 95'10. The following are closing prices over the next three days: Day 1: 95'10: Day 2: 95'01: Day 3: 95'20: Compute the margin account balance after each day's settlement period. Settle Underlying Value Price Change Margin Account OPEN Day 1 95'10 Day 2 95'01 Day 3 95'20 MARGIN CALL? Ending Balance: You find the following current quote for the September T-bond futures contract: $100,000 par value: Pts 32nd, of 100 percent. Last September 95'12 Prev. Change Settle -0.01 95 13 Open 95 10 High 95'12 Low 95'08 Initial Margin = $3,000, Maintenance Margin = $2,000 Suppose you buy one contract at the open of 95'10. The following are closing prices over the next three days: Day 1: 95'10: Day 2: 95'01: Day 3: 95'20: Compute the margin account balance after each day's settlement period. Settle Underlying Value Price Change Margin Account OPEN Day 1 95'10 Day 2 95'01 Day 3 95'20 MARGIN CALL? Ending Balance