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5) On October 20, you sold 10 futures contracts for 100,000 Canadian dollars (CAD) each at a rate of 0.75 USS/CAD. The subsequent settlement prices

5) On October 20, you sold 10 futures contracts for 100,000 Canadian dollars (CAD) each at a rate of 0.75 USS/CAD. The subsequent settlement prices are shown below October21 22 23 24 27 28 29 30 Futures rate 0.740.73 0.74 0 0.77 0.78 0.790.81 0.76 a) What are the daily cash flows from marking to market? b) What is the total cash flow from marking to market (ignoring discounting)? c) If you deposit US$75,000 into your margin account, and your broker requires USS50,000 as maintenance margin, when will you receive a margin call and how much will you have to deposit

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