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QUESTION 4 Assume today s settlement price on a CME EUR futures contract is $1 .3140/EUR. You have a short position in one contract. Your

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QUESTION 4 Assume today s settlement price on a CME EUR futures contract is $1 .3140/EUR. You have a short position in one contract. Your performance bond account currently has a balance of $1,700. The next three days settlement prices are $1 .31 26, $1 .31 33, and $1.3049. Calculate the balance of the performance bond account after the third day, round to the nearest cents

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