Part II. Euro Futures contracts. Questions 6-10.

6.You take a position, short 6 September Euro futures contracts (contract size 125,000 Euro), at noon on Apr 1 at (futures) price $1.1200 (per Euro). You already have sufficient margin in the account. You close [offset] the position at noon on Apr 5 at price $1.1250. Daily closing [settlement] prices are:

$1.1240 on Apr 1,

$1.1260 on Apr 2,

$1.1320 on Apr 3,

$1.1250 on Apr 4,

$1.1300 on Apr 5.

By how much does the cash balance in your futures accountchange(including the direction) on:Apr 1?

(Note: I am asking for the change on a single day, NOT the cumulative change.)

7.You take a position, short 6 September Euro futures contracts (contract size 125,000 Euro), at noon on Apr 1 at (futures) price $1.1200 (per Euro). You already have sufficient margin in the account. You close [offset] the position at noon on Apr 5 at price $1.1250. Daily closing [settlement] prices are:

$1.1240 on Apr 1,

$1.1260 on Apr 2,

$1.1320 on Apr 3,

$1.1250 on Apr 4,

$1.1300 on Apr 5.

By how much does the cash balance in your futures accountchange(including the direction) on:Apr 2?

(Note: I am asking for the change on a single day, NOT the cumulative change.)

8.You take a position, short 6 September Euro futures contracts (contract size 125,000 Euro), at noon on Apr 1 at (futures) price $1.1200 (per Euro). You already have sufficient margin in the account. You close [offset] the position at noon on Apr 5 at price $1.1250. Daily closing [settlement] prices are:

$1.1240 on Apr 1,

$1.1260 on Apr 2,

$1.1320 on Apr 3,

$1.1250 on Apr 4,

$1.1300 on Apr 5.

By how much does the cash balance in your futures accountchange(including the direction) on:Apr 3?

(Note: I am asking for the change on a single day, NOT the cumulative change.)

9.You take a position, short 6 September Euro futures contracts (contract size 125,000 Euro), at noon on Apr 1 at (futures) price $1.1200 (per Euro). You already have sufficient margin in the account. You close [offset] the position at noon on Apr 5 at price $1.1250. Daily closing [settlement] prices are:

$1.1240 on Apr 1,

$1.1260 on Apr 2,

$1.1320 on Apr 3,

$1.1250 on Apr 4,

$1.1300 on Apr 5.

By how much does the cash balance in your futures accountchange(including the direction) on:Apr 4?

(Note: I am asking for the change on a single day, NOT the cumulative change.)

10.You take a position, short 6 September Euro futures contracts (contract size 125,000 Euro), at noon on Apr 1 at (futures) price $1.1200 (per Euro). You already have sufficient margin in the account. You close [offset] the position at noon on Apr 5 at price $1.1250. Daily closing [settlement] prices are:

$1.1240 on Apr 1,

$1.1260 on Apr 2,

$1.1320 on Apr 3,

$1.1250 on Apr 4,

$1.1300 on Apr 5.

By how much does the cash balance in your futures accountchange(including the direction) on:Apr 5?

(Note: I am asking for the change on a single day, NOT the cumulative change.)