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Question 9 5 pts . Consider a long position in the CME Euro/U.S. Dollar futures contract. It is written on 125.000 and quoted in $

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Question 9 5 pts . Consider a long position in the CME Euro/U.S. Dollar futures contract. It is written on 125.000 and quoted in $ per . The spot price is $1.25/. The strike price is $1.25/ and the maturity is 3 months. At initiation of the contract, the long posts an initial performance bond (Initial margin of $7.000. The maintenance performance bond (maintenance, margio) is $4,500. . The next two days settlement prices are $1.26/ and $1.20/. How much do you have to deposit on the second day if you want to maintain the futures position? 5750 $5.000 55.750 56.250

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