ACI
3I0-012 · Question #610
3I0-012 Question #610: Real Exam Question with Answer & Explanation
Sign in or unlock 3I0-012 to reveal the answer and full explanation for question #610. The question stem and answer options stay visible for context.
Question
Click on the Exhibit Button to view the Formula Sheet. You are short of 6 Dec euro dollar futures contracts at 98.10. Yesterday, the closing price was 98.15. Today's closing price is 97.905.Whatvariation margin will be due?
Options
- AYou will have to pay USD 612.50
- BYou will receive USD 612.50
- CYou will have to pay USD 3,675.00
- DYou will receive USD 3,675.00
Unlock 3I0-012 to see the answer
You've previewed enough free 3I0-012 questions. Unlock 3I0-012 for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.