Assume that you purchased one June Euro futures contract on January 6 at the price of $ 1.3623 The contract size is e125,000 with an initial margin of $ 2.430.00 ( a ) Was your position on the futures a short position or a long position ? Why ? b ) Explain how the CME group marked to market your position ( your margin account if the settlement price of the futures contract was $ 1.3598 on January 6. Then what was your ending margin account on January ( ) Suppose that you held this futures position until the expiration date 17 ) and the final price was 1.3566 on the futures expiration date Calculate your total gain / loss in the US dollars during the entire holding of the futures contact