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Assume todays settlement price on a CME EUR futures contract is $1.3142 per euro. You have a short position in one contract. EUR125,000 is the
Assume todays settlement price on a CME EUR futures contract is $1.3142 per euro. You have a short position in one contract. EUR125,000 is the contract size of one EUR contract. Your performance bond account currently has a balance of $1,800. The next three days settlement prices are $1.3128, $1.3135, and $1.3051. Calculate the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. Required: Note: Do not round intermediate calculations. Round your answer to 2 decimal places
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