Please answer the next question based on the closing July futures contract prices for EUR for four consecutive days in March 20XX. You sold two EUR futures contract at the closing price on 3/01. Each EUR futures contract requires the delivery of EUR125,000. Suppose, the initial and maintenance margin for each EUR futures contract are $1,500 and $1,000, respectively. Assume that you do not withdraw from your margin account during this period, but that you do meet your margin calls if you get any. 3/03 3/04 3/01 $1.3579 S1.3750 Date EUR Spot Price July EUR Futures Contract Price 3/02 $1.3527 S1.3782 $1.3588 S1.3580 S1.3827 51.3713 Assuming that you meet your margin calls, if you get any, please estimate how much money you will have in your margin account at the close of the trading day on 3/02: OPTIONS PHILADELPHIA EXCHANGE Calls Puts Vol. Last Vol. Last 50,000 Canadian Dollars cants per unit. 72 Sep 2 1.05 7272 Jul 7272 Sep 5 1.15 73 Jul 50 0.08 73 Sep 73 Sep 2.26 7542 Sep 2 3.95 7672 Sep 4.88 @ 0.13 2 1.75 In the above quotes on currency options contracts for Canadian Dollars (CAD), each contract has 50,000 CADs. For the buyer of one CAD 72 % Jul Call contract, calculate the profit or loss on the expiration date, when the spc price for CAD is $0.72 - $185.00 1 - $65.00 $250.00 $185.00