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9 . On 3 / 1 at the end of the day, Melissa sold ( took a short position in ) 1 futures contract (

9. On 3/1 at the end of the day, Melissa sold (took a short position in)1 futures contract (one contract is agreement to buy or sell Euros 45,500) at a rate of USD 1.35 per Euro, contract expires on 6/18. Initial margin=$1,330 and maintenance margin is $1,005. On 3/2 and 3/3, the futures rate expiring on 6/18 is USD 1.45, and USD 1.455 respectively. As per "Marked to Market" daily mechanism of currency futures contracts, what shall be Melissa's margin account balance at the end of 3/2(Assuming that Melissa will not withdraw money from her margin account)?

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