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Question: jonathan is entering a futures to buy 10000 usd by...

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Jonathan is entering a futures to buy 10,000 USD by AUD at the futures exchange rate of 1.25 AUD/USD on 1/3/2020. He is required to open an initial margin of $1,500 and maintain it above $1,000. The daily exchange rate for 'mark to market' mechanism is given below:

Date Exchange rate (AUD/USD)
2/3/2020 1.22
3/3/2020 1.20
4/3/2020 1.15
5/3/2020 1.12
6/3/2020 1.19
7/3/2020 1.21
8/3/2020 1.25
9/3/2020 1.27

Assuming Jonathan still holds the position on 9/3/2020, what is the daily gain/loss and balance of the margin account on 9/3/2020?

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