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Assume that todays settlement price on a CME EUR futures contract is $1.1144/EUR. You have a short position in one contract. Your margin balance is

Assume that todays settlement price on a CME EUR futures contract is $1.1144/EUR. You have a short position in one contract. Your margin balance is currently of $3,304. The next three days settlement prices are $1.1149, $1.1146, and $1.1138. Calculate the balance in the margin account after the third day due to daily mark-to-market. The size of a futures contract on the euro is EUR125,000.

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