You have sold forward 200 contracts at a price of $700 on March 5. The initial margin is 10,000 and the maintenance margin is 6,000. Here are the settlement prices:

Date	Settlement price
5-Mar	625.48
6-Mar	688.30
7-Mar	731.60
8-Mar	715.80
9-Mar	615.20

Create a marking to market table and after solving it for the different days, fill in the blanks below. Assume that margin calls are due immediately.

Your account balance at the end of the day on March 5 is _______. You will receive a margin call of $________ on March______ . Your account balance at the end of the day on March 8 is $________ . You close out your transaction at the closing on March 9 with a profit of $________ .

You have sold forward 200 contracts at a price of $700 on March 5. The initial margin is 10,000 and the maintenance margin is 6,000. Here are the settlement prices: Date Settlement price 5-Mar 625.48 6-Mar 688.30 7-Mar 731.60 8-Mar 715.80 9-Mar 615.20 Create a marking to market table and after solving it for the different days, fill in the blanks below. Assume that margin calls are due immediately. Your account balance at the end of the day on March 5 is You will receive a margin call of $ on March 8 is $ You close out your transaction at the closing on March 9 with a profit of $ 7. Your account balance at the end of the day on March