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You enter into a futures contract to buy 125,000 at $1.53 per euro. The spot exchange rate when you enter the contract is $1.63. Your

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You enter into a futures contract to buy 125,000 at $1.53 per euro. The spot exchange rate when you enter the contract is $1.63. Your initial performance bond is $6,100 and your maintenance level is $2,400. At what settle price will you get a demand for additional funds to be posted to your account? 1.6596 1.7596 1.8896 1.5004 1.5596 1.6004

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