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On Monday, you sold one Eurodollar interest rate futures contract for $97,500. Initial performance bond is $5,000 and the maintenance performance bond is $4,000. a)

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On Monday, you sold one Eurodollar interest rate futures contract for $97,500. Initial performance bond is $5,000 and the maintenance performance bond is $4,000. a) Figure out daily gain/loss and the margin balance on Tuesday. (35points) b) Do you receive the maryin eall or not on Wednesday? If you do not receive a margin call, you don't pay anything. However, if you receive a margin call, how mich do voun pay to restore your margin account to initial performance bond? (35points)

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