Transcribed image text: You have entered into a CME futures contract to buy British pounds at a
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed image text: You have entered into a CME futures contract to buy British pounds at a settlement price of $1.2898/ with an initial performance bond deposit of $3,500. The contract size is 62,500. Over the next three days, the settlement prices of contract are $1.2940/, $1.2837/, and $1.2795. What should the balance of your performance bond account be after the third day? $643.75 $2,856.25 $4,143.75 $3,762.5
Posted Date: