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Suppose you sold a pound futures contract three days ago at$1.33/£. Over the next three...

Suppose you sold a pound futures contract three days ago at $1.33/£. Over the next three days the settle price of the futures contract was $1.34, $1.31, and $1.29 (today's settle price). Each futures contract is for £62,500. If you initially posted $4,000, what is the balance in your account at the end of each of these three days?

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jeff jeffy answered 3 years ago
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