Today's Settlement Price on a Chicago Mercantile Exchange (CME)yen Futures

Multiple Choice

Today's settlement price on a Chicago Mercantile Exchange (CME) yen futures contract is $0.8011/¥100.Your margin account currently has a balance of $2,000.The next three days' settlement prices are $0.8057/¥100,$0.7996/¥100,and $0.7985/¥100.(The contractual size of one CME yen contract is ¥12,500,000) .If you have a long position in one futures contract,the changes in the margin account from daily marking-to-market,will result in the balance of the margin account after the third day to be

A) $1,425.
B) $1,675.
C) $2,000.
D) $3,425