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1 ) Five days before the delivery date, you buy 1 contract of Euro futures ( 1 2 5 , 0 0 0 ) at
Five days before the delivery date, you buy contract of Euro futures at the closing price $ The future contracts has the following performance bond requirements:
a Initial: $
b Maintenance level: $
Fill in the blanks in the following table:
Day SettlePrice Value of EUR in USD Daily Gain or Loss Performance Bond Account Bal. Performance Bond Acct. Bal. postmargin call, leave it blank if no margin call Margin Call?
$ $ No
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