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Today, You Sold 10 December EURODOLLAR Futures Contracts at 99

Question 118

Multiple Choice

Today, you sold 10 December EURODOLLAR futures contracts at 99.50. The closing price is fixed by the exchange at 99.375. What variation margin will be due?


A) You will have to pay USD 312.50
B) You will receive USD 312.50
C) You will have to pay USD 3,125.00
D) You will receive USD 3,125.00

Correct Answer:

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