Assume today's settlement price on a CME EUR futures contract is $1.3172 per euro. You have a long position in one contract. EUR125,000 is the contract size of one EUR contract. Your performance bond account currently has a balance of $3,300. The next three days' settlement prices are $1.3158, $1.3165, and $1.3081. Calculate the changes in the performance bond account from daily marking-to- market and the balance of the performance bond account after the third day. Required: Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Balance of the performance bond account

Assume today's settlement price on a CME EUR futures contract is $1.3160/EUR. You have a long position in one contract. Your performance bond account currently has a balance of $2,700. The next three days' settlement prices are $1.3146, $1.3153, and $1.3069. Calculate the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. (Do not round intermediate calculations. Round your answer to 2 decimal places.) > Answer is complete but not entirely correct. Balance of the performance bond account $ 3,837.50 x

Assume today's settlement price on a CME EUR futures contract is $1.3166/EUR. You have a long position in one contract. Your performance bond account currently has a balance of $3,000. The next three days' settlement prices are $1.3152, $1.3159, and $1.3075. Calculate the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Changes in the performance bond account

Assume today’s settlement price on a CME EUR futures contract is $1.3140/EUR. You have a long position in one contract. Your performance bond account currently has a balance of $1,700. The next three days’ settlement prices are $1.3126, $1.3133, and $1.3049. Calculate the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Assume today's settlement price on a CME EUR futures contract is $1.3174/EUR. You have a short position in one contract. Your performance bond account currently has a balance of $3,400. The next three days' settlement prices are $1.3160, $1.3167, and $1.3083. Calculate the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. (Do not round intermediate calculations. Round your answer to 2 decimal places.) What's is balance of the performance bond account?

Assume today's settlement price on a CME EUR fütures contract is $1.3176/EUR. You have a short position in one contract. Your performance bond account currently has a balance of $3,500. The next three days settlement prices are $1.3162, $1.3169, and $1.3085. Calculate the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Balance of the performance bond account

Assume today's settlement price on a CME GBP futures contract is $1.4948/£. You have a short position in one contract (with the standardized contract size of £62,500). Your initial performance bond account currently has a balance of $4,000 and the maintenance level is $2,500. The next three days' settlement prices are $1.4908, $1.5088, and $1.5208. Fill out the following table by calculating the changes in the performance bond account from daily marking-to-market and the balance of the performance bond account after the third day. Day Settlement price ($/£) Daily Gain/Loss (5) Account balance (5) 0 1.4948 1 1.4908 2 1.5088 3 1.5208 $4,000 Daily account balance (please fill out ONLY the account balance, not daily profit/loss): Day 1: $4250 Day 2: $ 3.125 Day 3: $750 Total profit/loss: Day 3: $ 750 Total profit/loss: $ -1.625 . (Use negative sign in front of the number for loss) Are you going to have a margin call during the three-day trading period? Answer: Yes (yes/no). If your answer…

Yesterday, you entered into a futures contract to sell €75,000 at $1.79 per €. Your initial performance bond is $1,500 and your maintenance level is $500. At what settle price will you get a demand for additional funds to be posted? $1.6676 per €. $1.1840 per €. $1.2084 per €. $1.7767 per €.

Yesterday, you entered into a futures contract to buy €62,500 at $1.50 per €. Your initial performance bond is $1,500 and your maintenance level is $500. At what settle price will you get a demand for additional funds to be posted? ANSWER D IS CORRECT BUT WHAT IS THE PROCEDURE BUT HOW DO I GET THERE?   a) $1.5160 per €.   b)$1.208 per €.   c)$1.1920 per €.   d)$1.4840 per €. Correct

This morning (Day 0) you take a short position in a pound futures contract that matures in 3 days (Day 3). The future price is $1.9750 today. The contract size is £62,500 and its initial performance bond and maintenance bond are $2,430 and $1,830, respectively. a. (b) Assuming that the daily settlement prices are indicated below, how would the daily change in settlement future prices affect your account? Show the daily gain/loss and account balance. Day 0 1 2 3 Settlement 1.9750 1.9700 1.9815 1.9907 Total Gain/Loss Account Balance b. During this period, did you receive a margin call? If you did, on what day? c. At the end of Day 3, how much in total did you make/lose on this futures contract?