Business, 07.11.2019 21:31 briana21092005

Today's settlement price on a chicago mercantile exchange (cme) yen futures contract is $0.8011/¥100. your margin account currently has a balance of $2,000. the next three days' settlement prices are $0.8057/¥100, $0.7996/¥100, and $0.7985/¥100. (the contractual size of one cme yen contract is ¥12,500,000). if you have a short position in one futures contract, the changes in the margin account from daily marking-to-market will result in the balance of the margin account after the third day to be

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Today's settlement price on a chicago mercantile exchange (cme) yen futures contract is $0.8011/¥100...