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Business, 07.04.2020 19:26 Morganwing1019

You just sold a futures contract on €. Each contract is for €125,000 and the price you sold for the € is $1.20 for each €. What is your profit/loss if the spot rate when the contract matures is $1.10?

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You just sold a futures contract on €. Each contract is for €125,000 and the price you sold for the...
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