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You purchased 2 Soybean Oil futures contracts today at the settlement price (labeled as Settle) listed as following. Soybean Oil (CBT) 60,000 lbs., cents per

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You purchased 2 Soybean Oil futures contracts today at the settlement price (labeled as "Settle") listed as following. Soybean Oil (CBT) 60,000 lbs., cents per lb. Lifetime Open High Low Settle Change High Low Open Interest Oct. 15.28 15.33 15.25 15.29-02 20.35 15.25 7,441 Part I. If there is a 10% initial margin requirement on total value of underlyings, how much do you have to deposit? Maintenance margin requirement is $600 for each contract. In what situation will you receive a margin call from your broker? (4 Marks) Part II. Assume the volatility of Soybean Oil immediately increases 20%. How will it impact Futures price? How will it impact investor's margin account requirement? Explain your answer. You purchased 2 Soybean Oil futures contracts today at the settlement price (labeled as "Settle") listed as following. Soybean Oil (CBT) 60,000 lbs., cents per lb. Lifetime Open High Low Settle Change High Low Open Interest Oct. 15.28 15.33 15.25 15.29-02 20.35 15.25 7,441 Part I. If there is a 10% initial margin requirement on total value of underlyings, how much do you have to deposit? Maintenance margin requirement is $600 for each contract. In what situation will you receive a margin call from your broker? (4 Marks) Part II. Assume the volatility of Soybean Oil immediately increases 20%. How will it impact Futures price? How will it impact investor's margin account requirement? Explain your

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