Question - Four days ago you entered into a futures contract to buy €125,000 at $1.10 per euro. The spot exchange rate when you entered the contract was $1.07. Your initial performance bond was $5,800 and your maintenance level was $2,300. Over the past four days (in order) the contract has settled at $1.08, $1.12, $1.06, and $1.13. How much in total have you made or lost?
A. lost $3,750
B. made $7,500
C. lost $7,500
D. lost $10,000
E. made $10,000
F. made $3,750