Question: Question 2 5 3 . 3 3 p t s Please answer the next question based on the closing July futures contract prices for GBP

Question 25
3.33pts
Please answer the next question based on the closing July futures contract prices for GBP for three consecutive days in December 20XX. You sold three GBP futures contract at the closing price on 12/01. Each GBP futures contract requires the delivery of GBP 150,000. Suppose, the initial and maintenance margin for each EUR futures contract are $2,000 and $1,500, respectively.
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 Question 25 3.33pts Please answer the next question based on the

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