ACI
3I0-012 · Question #114
3I0-012 Question #114: Real Exam Question with Answer & Explanation
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Question
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?
Options
- AYou will have to pay USD 312.50
- BYou will receive USD 312.50
- CYou will have to pay USD 3,125.00
- DYou will receive USD 3,125.00
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