Repeat Study Problem 201, but this time draw the profit or loss graph from the perspective of

Question:

Repeat Study Problem 20–1, but this time draw the profit or loss graph from the perspective of the individual who sold (is short) the forward contract.

In Problem 20–1, construct a delivery date profit or loss graph similar to figure for a long position in a forward contract with a delivery price of $65. Analyze the profit or loss for values of the underlying asset ranging from $40 to $80.