Suppose you are holding a long position in a euro futures contract that matures in 76 days. The agreed?upon price is $for 125,000 euro. At the close of trading today, the futures price has risen to $Under marking to market, you now
A) hold a futures contract that has risen in value by $1,250
B) hold a futures contract that has fallen in value by $625
C) will receive $625 and a new futures contract priced at $1.155
D) must pay over $1,250 to the seller of the futures contract
Correct Answer:
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