Multiple Choice
You are short of 6 Dec eurodollar futures contracts at 98.10. Yesterday, the closing price was 98.15. Todays closing price is 97.905. What variation margin will be due?
A) You will have to pay USD 612.50
B) You will receive USD 612.50
C) You will have to pay USD 3,675.00
D) You will receive USD 3,675.00
Correct Answer:
Verified
Correct Answer:
Verified
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