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Suppose you are holding a long position in a euro futures contract that matures in 7 6 days. The agreedupon price is $ 1 .

Suppose you are holding a long position in a euro futures contract that matures in

76

days. The agreedupon price is $

1.15

for

125, 000

euro. At the close of trading today, the futures price has risen to $

1.155 .

Under marking to market, what is your position now?

(10 %)

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