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Suppose that you buy 1 million worth of Euro currency futures contract. You buy the contract at a price of US$ 1 . 0 9
Suppose that you buy million worth of Euro currency futures contract. You buy the contract at a price of US$Euro ie you commit to pay times US$ for million euro when the contract matures On the next day, the contract closes at US$Euro What would be the payments to or withdrawals from, your margin account for this contract?
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