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otricia d) None of the above Chapter 7 5 Assume today's settlement price on CME EUR futures contract is . You have a short position

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otricia d) None of the above Chapter 7 5 Assume today's settlement price on CME EUR futures contract is . You have a short position in one contract. Your performance unt currently has a balance of $1,700. The next three days ttlement prices are $1.3126, $1.3133, and $1.3049. (EUR125,000 is the contract size of one EUR contract.) (1) Calculate the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. (2) Do problem 5 again assuming you have a long position in the futures contract

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