Question: Need help on both Question 1 5 pts You entered into ONE short CME euro futures contracts on 62,500 at today's bid price of $1.2775/.

Need help on both
Need help on both Question 1 5 pts You entered into ONE

Question 1 5 pts You entered into ONE short CME euro futures contracts on 62,500 at today's bid price of $1.2775/. Your total initial performance bond was $4,000 and your total maintenance margin is $3,000 (meaning that your broker leaves you alone until you have lost $1,000). At the end of the week the contract settles at $1.3000/. Your total gains or losses are closest to $1.406 25 loss O $1,406 25 gain $14,062.50 loss $14,062,50 gain $2.500 loss D Question 2 5 pts You entered into ONE short CME euro futures contracts on 125,000 EACH at today's ask price of $1.2775/ Your total initial performance bond was $4,000 and your total maintenance margin is $3,000 (meaning that your broker leaves you alone until you have lost $1,000). At what settle price do you get a margin call? $1.2935/E O $1.2615/6 $1.2975/E 51.2575/

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