The recent war between Russia and Ukraine has created the opportunity for you to create...

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The recent war between Russia and Ukraine has created the opportunity for you to create wealth from the 3-month FCPO. Thus, you have decided to invest RM 500,000.00. Based on the current outlook of Cruel Palm Oil, construct your strategy using 3-month FCPO. Support your suggested strategy with the rational. Based on the actual data on 4th March 2022. Determine the daily marking-to market adjustment for you. Determine the total profit/loss and the account balance as of day 5. Strategy has to be backed by reason. Additional information: Initial Margin: 15% Maintenance Margin: 85% Day 1 2 3 4 5 Futures Sett. Price RM6,550 RM6,230 RM6,380 RM6,350 RM6,500 (12 marks) TOTAL 12 marks The recent war between Russia and Ukraine has created the opportunity for you to create wealth from the 3-month FCPO. Thus, you have decided to invest RM 500,000.00. Based on the current outlook of Cruel Palm Oil, construct your strategy using 3-month FCPO. Support your suggested strategy with the rational. Based on the actual data on 4th March 2022. Determine the daily marking-to market adjustment for you. Determine the total profit/loss and the account balance as of day 5. Strategy has to be backed by reason. Additional information: Initial Margin: 15% Maintenance Margin: 85% Day 1 2 3 4 5 Futures Sett. Price RM6,550 RM6,230 RM6,380 RM6,350 RM6,500 (12 marks) TOTAL 12 marks

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