international Finance

Assume today’s settlement price on a CME EUR futures contract is $1.3140/EUR.  You have a short 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. 

(1) Calculate your daily losses/ profits from daily marking-to-market. 

(2) Calculate balance of the performance bond account after the third day. 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.