Business, 11.03.2020 22:46 Karamatullah

Suppose you are holding a long position in a euro futures contract that matures in 76 days. The agreed upon price is $1.15 for 125,000 euro. At the close of trading today, the futures price has risen to $1.165. Under marking to market, you now .a. hold a futures contract that has risne in value by $1,250 b. must pay $1,250 to the seller of the futures contract c. hold a futures contract that has fallen in value by $625 d. will receive $625 into your account with a new futues contract priced at $1.155

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Suppose you are holding a long position in a euro futures contract that matures in 76 days. The agre...

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