Yesterday,you Entered into a Futures Contract to Buy €62,500 at $1.50

Multiple Choice

Yesterday,you entered into a futures contract to buy €62,500 at $1.50 per €.Your initial performance bond is $1,500 and your maintenance level is $500.At what settle price will you get a demand for additional funds to be posted?

A) $1.5160 per €.
B) $1.208 per €.
C) $1.1920 per €.
D) $1.4840 per €.