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On Wednesday you enter into a yen futures contract. The initial performance bond is $1800, and the maintenance performance bond is $1500. On Thursday the

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On Wednesday you enter into a yen futures contract. The initial performance bond is $1800, and the maintenance performance bond is $1500. On Thursday the money in your margin account drops to $1.074 and you recelve a margin call, How much must you add to your margin account to maintain your position and meet the call? At the end of trading Wednesday you enter into a yen futures contract for a price of $.05/ yen for 100,000 yen. At close Thursday the price is 0.043. What is the cash flow in dollars to your margin account? (hint value can be positive or negative)

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