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Exam 3I0-012 All Questions
Exam 3I0-012 All Questions

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ACI-Financial 3I0-012 Question # 219 Topic 22 Discussion

3I0-012 Exam Topic 22 Question 219 Discussion:
Question #: 219
Topic #: 22

Today, you sold 10 December EURODOLLAR futures contracts at 99.50. The closing price is fixed by the exchange at 99.375. What variation margin will be due?


A.

You will have to pay USD 312.50


B.

You will receive USD 312.50


C.

You will have to pay USD 3,125.00


D.

You will receive USD 3,125.00


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