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Four days ago you entered into a futures contract to sell 125,000 at $1.25 per euro. The spot exchange rate when you entered the contract

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Four days ago you entered into a futures contract to sell 125,000 at $1.25 per euro. The spot exchange rate when you entered the contract was $1.28. Your initial performance bond was $8,800 and your maintenance level was $3,500. Over the past four days (in order) the contract has settled at $1.27,$1.26,$1.30, and $1.28. 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.) $15,050 $2,500 $17,550 $11,300 $5,050 $3,750

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