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After finishing college for the year, you decide to start studying global currency markets and come to the belief that the Japanese Yen ( JPY

After finishing college for the year, you decide to start studying global currency markets and come to the belief that the Japanese Yen (JPY) is currently undervalued relative to the U.S. dollar (i.e., you beliefe that the Yen is expected to appreciate compared to the U.S. dollar). To trade this view, you decide to purchase a single futures contract on the JPY/USD currency pair.
The futures contract is currently quoted at $0.652 per 100JPY(i.e., it costs you $0.652 to buy 100 Yen), and each contract covers 12,500,000 Yen. You are required to post an initial margin of $2,860. If the futures contract closes the day at $0.646 per 100JPY, then what will the balance of your margin account be after the position has been marked-to-market?
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