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Question 6(22 pts): Margin Account Assume you sell one July '23KC HRW contract...

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Accounting

Question 6(22 pts): Margin Account
Assume you sell one July '23KC HRW contract today at $5.2875; its initial is $2,310 with a maintenance of $2,100.
Today - July KC HRW settles at 5286.
What do you deposit in the margin account?
$1.485q,
Session 2-July KC HRW settles at 53022
What is the gain or loss from session 2?
loss-
$75q,
What is the balance? q,
Is there a margin call? If so, what is it?q,
Session 3-July KC FRW settles at 5266
What is the gain or loss from session 3?q,
What is the balance? q,
Is there a margin call? If so, what is it?q,
Session 4-Ofiset July KC HRW at 5364
What is the gain or loss from session 4?
What is the balance?
q,
Is there a margin call? If so, what is it?
q,
q,
Session 5-Offiset July KC HRW at 54022
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