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PLEASE HELP ASAP!!!! NEED IT QUICK!!! Please answer the next question based on the closing July futures contract prices for EUR for three consecutive days

PLEASE HELP ASAP!!!! NEED IT QUICK!!! image text in transcribed
Please answer the next question based on the closing July futures contract prices for EUR for three 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 EUR 150,000. Suppose, the initial and maintenance margin for each EUR futures contract are $2,000 and $1,500, respectively. Date 3/01 3/02 3/03 July EUR Futures Contract Price $1.3328 $1.3345 $1.3398 The profit/loss posted to your account at the close of 3/03 is: -$800 O $800 O $1.600 10 pts O-$1.600

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