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You purchased a Treasury-bond futures contract yeterday with an initial margin requirement of 15.00%. You purchased the contract for $115,098 yesterday which has a face

You purchased a Treasury-bond futures contract yeterday with an initial margin requirement of 15.00%.
You purchased the contract for $115,098 yesterday which has a face value of $100,000.
Today the futures price falls to $107,000.
How much (in $) profit or loss did you make on your Futures position?
Enter your answer in the following format: + or - 1234.56
Hint: Answer is between -7,207.22 and -8,907.80

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