Suppose you are holding a long position in a French franc futures contract that matures in 76 days. The agreed-upon price is $0.15 for FF 250, 000. At the close of trading today, the futures price has risen to $0.155. Under marking to market, you now hold a futures contract that has risen in value by $1.250 hold a futures contract that has fallen in value by $625 will receive $1.250 and a new futures contract priced at $0.155 must pay over $1, 250 to the seller of the futures contract