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Topic: Currency Futures On Monday morning, an investor buys a Euro futures contract. The agreed upon price is '$1.200 for 125,000 and the delivery date

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Topic: Currency Futures On Monday morning, an investor buys a Euro futures contract. The agreed upon price is '$1.200 for 125,000 and the delivery date is Wednesday afternoon. The initial margin requirement is $5,000 and the maintenance margin requirement is $4,000. The settlement prices for Monday to Wednesday are $1.205, $1.190, and $1.205, respectively. Calculate the daily cash-flows on the investor's margin account, indicate any margin calls, and determine the net loss/profit on the futures contract

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