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- Part A - A person buys 5 EUR/USD contracts with each contract being for EUR 125,000 . The initial margin is $50,000 (covering all

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- Part A - A person buys 5 EUR/USD contracts with each contract being for EUR 125,000 . The initial margin is $50,000 (covering all 5 contracts) and the maintenance margin is $37,500 (covering all 5 contracts). Based on the exchange rates, calculate the daily gain/(loss), margin calls and account balances as well as the overall gain/(loss) from the position

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