4. Assume today's settlement price on a CME EUR futures contract is $1.3140/EUR. You have a long position in three contract. Your broker requires initial margin to be 3% and maintenance margin of 2% of the initial position. The next three days' settlement prices are $1.3126, $1.3133, and $1.3049. (a) Calculate the changes in the performance bond account from daily marking-to- market and the balance of the performance bond account after the third day. (b) For what settlement price in day 5 will you receive margin call? (c) How much fund you need to add to your margin account if the settlement price is $1.3145? 1.2945 4. Assume today's settlement price on a CME EUR futures contract is $1.3140/EUR. You have a long position in three contract. Your broker requires initial margin to be 3% and maintenance margin of 2% of the initial position. The next three days' settlement prices are $1.3126, $1.3133, and $1.3049. (a) Calculate the changes in the performance bond account from daily marking-to- market and the balance of the performance bond account after the third day. (b) For what settlement price in day 5 will you receive margin call? (c) How much fund you need to add to your margin account if the settlement price is $1.3145? 1.2945