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On August 6, you go long one CME yen futures contract at an opening price of $0.00812 with an initial margin / performance bond of
On August 6, you go long one CME yen futures contract at an opening price of $0.00812 with an initial margin / performance bond of $4,590 and a maintenance margin / performance bond of $3,400. The settlement prices for August 6, 7, and 8 are $0.00791, $0.00845, and $0.00894, respectively. On August 9, you close out the contract at a price of $0.00857. Your round-trip commission is $31.48.
Calculate the daily cash flows on your account. Be sure to take into account your required margin / performance bond and any margin / performance bond calls
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