4. Today's settlement price on a Chicago Mercantile Exchange (CME) Yen futures contract is $0.8011I100. Your margin account currently has a balance of $2,000. The next three days' settlement prices are $0.8057/100, $0.7996!100, and $0.7985/10( (The contractual size of one CME Yen contract is 12,500,000). If you have a short position in one futures contract, the changes in the margin account from daily marking- to-market will result in the balance of the margin account after the third day to be A. $1,425 B. $2,000 C. $2,325 D. $3,425 $2,325 = $2,000 + 12,500,000 x [(0.008011 - 0.008057) + (0.008057 - 0.007995) + (0.007996 - 0007985)] = $2,000 + 12,500,000 x [(0.008011 - 0007985)] Please note that $0.8011/100 = $0.008011/ and $0.8057l100 = $0.008057l. etc