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How much in total have you made or lost

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Question - Four days ago you entered into a futures contract to sell €125,000 at $1.32 per euro. The spot exchange rate when you entered the contract was $1.29. Your initial performance bond was $6,400 and your maintenance level was $2,600. Over the past four days (in order) the contract has settled at $1.33, $1.28, $1.34, and $1.34. How much in total have you made or lost?

Reference no: EM132067975

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