You hedged your bank's exposure to declining interest rates by buying one June Treasury bond futures contract at the opening price on April 10, as presented in Exhibit 8-2 (see picture below). According to CME Group, the hedger the intial margin at the time was $1,800 per contract while the speculator intial margin was $2,430. It is now Tuesday, June 10, and you discover that on Monday, June 9, June T-bond futures opened at 115-165 and settled at 114-200. a) What is the profit or loss on your long position as of settlement on June 10 ? b) If you deposited the required initial margin on April 10 and have not touched the equity account since making that cash deposit, what is your equity account balance