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Instructions Question 33 1 p Curt Smith initiated a Euro futures a few days ago. At the close of trading today. Curt's margin stands at

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Instructions Question 33 1 p Curt Smith initiated a Euro futures a few days ago. At the close of trading today. Curt's margin stands at $800. Curt receives a margin call, in which his broker asks that he (Curt) wire $1,300 to meet the call. The CME Euro futures has a notional principal of EUR 100,000. Based on this information, how much is the initial margin for this futures contract? $800 $2,100 $500 $ 1,300 Next Previous 8

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