ACI
3I0-012 · Question #341
3I0-012 Question #341: Real Exam Question with Answer & Explanation
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Question
You are short of 6 December EURODOLLAR futures contracts at 99.50. Yesterday, the closing price was 99.35. Today's closing price is 99.105. What variation margin will be due?
Options
- AYou will have to pay USD 5,925.00
- BYou will receive USD 5,925.00
- CYou will have to pay USD 3,675.00
- DYou will receive USD 3,675.00
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