Multiple Choice
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?
A) You will have to pay USD 5,925.00
B) You will receive USD 5,925.00
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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