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16 17 18 19 20 QUESTION 11 5 points Sau Use the following information to answer the next three questions. On Tuesday, an American firm

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16 17 18 19 20 QUESTION 11 5 points Sau Use the following information to answer the next three questions. On Tuesday, an American firm decided to use 2 futures contracts to hedge a payment of pesos. Each futures contract has 500,000 pesos attached. The futures price was $. 1240/peso on the company opened its position. The initial and maintenance margins per contract are $1600 and $1200, respectively. The settlement prices over the next three days (Wednesday through Friday) were $.1245, $. 1238, and $. 1228, respectively. Find the company's beginning margin balance (in USD) on Wednesday. O 2400 O 1600 0 3200 1200 5 points Save A QUESTION 12 Find the romanse andinn marrin halance in

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