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On Monday morning, an investor takes a short one IMM euro futures contracts at a price $1.21. Suppose the broker require a performance bond of

On Monday morning, an investor takes a short one IMM euro futures contracts at a price $1.21. Suppose the broker require a performance bond of $2,025 and a maintenance performance bond of $1,500. The settlement prices from Monday through Thursday are $1.25; $1.35; $1.22; $1.23. On Friday you close out at a price $1.27. Calculate the daily cash flows on your account. Describe any performance bon calls on your account (Contract size 125,000

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