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Assume todays settlement price on a CME EUR futures contract is $1.3146/EUR. You have a short position in one contract. Your performance bond account currently
Assume todays settlement price on a CME EUR futures contract is $1.3146/EUR. You have a short position in one contract. Your performance bond account currently has a balance of $1,700. The next day settlement price is $1.3051. Calculate the balance of the account at the end of the day. (USD, no cents)
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