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Assume that o n 1 1 5 ? X X the March future contract for M X N ( M e x i c a

Assume that on115?XX the March future contract for MXN(Mexican Peso) was trading for $0.10958. The price for the
March MXN future contract for the next three days are reported below. Please use the table to track the daily profitloss and
margin positions over the three days for: (1) the buyer of one March MXN futures contract; and (2) the seller of three March
MXN futures contracts.
For MXN futures: Contract size =MXN500,000, Initial Margin = $2,700; Maintenance Margin = $2,100In-Class Assignment: Tracking Profit ?? Loss in the Futures Market
Assume that on115?XX the March future contract for MXN(Mexican Peso) was trading for $0.10958. The
price for the March MXN future contract for the next three days are reported below. Please use the table to
track the daily profitloss and margin positions over the three days for: (1) the buyer of one March MXN
futures contract; and (2) the seller of three March MXN futures contracts.
For MXN futures: Contract size =MXN500,000, Initial Margin =$2,700; Maintenance Margin =$2,000
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