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2. Yesterday, you entered into a futures contract to sell 10,000 at $1.2550 per . Your initial performance bond is $1,500 and your maintenance level

2. Yesterday, you entered into a futures contract to sell 10,000 at $1.2550 per . Your initial performance bond is $1,500 and your maintenance level is $1,250. Suppose the futures price closes today at $1.2380. What is your bond ending balance?

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