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Assume today's settlement price on a CME EUR futures contract (with EUR 125,000 per contract]...

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Accounting

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Assume today's settlement price on a CME EUR futures contract (with EUR 125,000 per contract] is $1.1500/EUR. You have a short position in one contract. Your performance bond account currently has a balance of $2,500. The next three days' settlement prices are $1.1450/EUR, $1.1400/EUR, and $1.1600/EUR. Calculate the changes in the performance bond account for each day (show the value each day) from daily marking-to-market and the balance of the performance bond account at the end of the third day. (fill in each box below with the dollar amount in the margin account after settlement each day, use whole dollars. no decimals, no $ symbol). Performance bond/margin-Day1 Performance bond/margin-Day2 Performance bond/margin-Day3

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