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On Monday, you sold one Eurodollar interest rate futures for $96,500. Initial performance bond is $5,000 and the maintenance performance bond is $3,500 Day Settled
On Monday, you sold one Eurodollar interest rate futures for $96,500. Initial performance bond is $5,000 and the maintenance performance bond is $3,500
Day | Settled price | Daily gain/loss | Margin balance |
Monday Tuesday Wednesday | 96,500 97,500 98,500 |
$ ( ) $ ( ) | $5,000 $ ( ) $ ( ) |
Given the current position (short position) on the interest rate futures contract, do you gain or lose when interest rates rise?
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