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Question 31 (3 points) You enter into a futures contract to sell 125,000 at $1.15 per euro. The spot exchange rate when you enter the

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Question 31 (3 points) You enter into a futures contract to sell 125,000 at $1.15 per euro. The spot exchange rate when you enter the contract is $1.23. Your initial performance bond is $6,700 and your maintenance level is $2,700. At what settle price will you get a demand for additional funds to be posted to your account? 1.1820 1.1980 1.2620 1.4020 0.9480 1.1180

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