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1. An investor sells a futures contract on an asset when the futures price is $1,500. Each contract is on gain or loss? Show the

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1. An investor sells a futures contract on an asset when the futures price is $1,500. Each contract is on gain or loss? Show the profit curve in a diagram. 100 units of the asset . The contract is closed out when the futures price is $1,540. What is investor's 2. The price of a stock on July 1 is $57. A trader buys 100 call options on the stock with a strike price of $60 when the option price is $2. The options are exercised when the stock price is $65. What is the trader's net profit? Show profit curve in a diagram

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