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Assume today's settlement price on a CME EUR futures contract is $ 1 . 3 1 7 2 per euro. You have a long position
Assume today's settlement price on a CME EUR futures contract is $ per euro. You have a long position in one contract. EUR is the contract size of one EUR contract. Your performance bond account currently has a balance of $ The next three days' settlement prices are $ $ and $ Calculate the changes in the performance bond account from daily markingto market and the balance of the performance bond account after the third day. Required: Note: Do not round intermediate calculations. Round your answer to decimal places. Balance of the performance bond account
Assume today's settlement price on a CME EUR futures contract is $ per euro. You have a long
position in one contract. EUR is the contract size of one EUR contract. Your performance
bond account currently has a balance of $ The next three days' settlement prices are $
$ and $ Calculate the changes in the performance bond account from daily markingto
market and the balance of the performance bond account after the third day.
Required:
Note: Do not round intermediate calculations. Round your answer to decimal places.
Balance of the performance bond account
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