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4) Yesterday, you entered into a futures contract to buy 62,500 at $1.4550 per Euro. Your initial performance bond is $1,400 and your maintenance level

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4) Yesterday, you entered into a futures contract to buy 62,500 at $1.4550 per Euro. Your initial performance bond is $1,400 and your maintenance level is $1,250. a) At what settle price. $_/, will you get a demand for additional funds to be posted, round to 4 decimal places? b) Suppose the futures price closes today at $1.4680. What is your bond ending balance, nearest cents

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