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Four days ago you entered into a futures contract to sell 125,000 at $1.42 per euro. The spot exchange rate when you entered the contract

Four days ago you entered into a futures contract to sell 125,000 at $1.42 per euro. The spot exchange rate when you entered the contract was $1.39. Your initial performance bond was $8,900 and your maintenance level was $3,600. Over the past four days (in order) the contract has settled at $1.40, $1.47, $1.46, and $1.45. What should your performance account balance be at the end of the four days? (Assume you do not withdraw excess funds and only add funds if required.) Answer Options: $3,750 $15,150 $2,500 $16,400 $11,400 $5,150

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