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11. In March, Mary shorted 9 currency futures contracts on Yen at 108.88 Yen/$, with maturity in September. At maturity, the spot rate was 110.10

11. In March, Mary shorted 9 currency futures contracts on Yen at 108.88 Yen/$, with maturity in September. At maturity, the spot rate was 110.10 Yen/$. Each contract covers a million Yen. Whats Marys profit or loss at maturity, in US$?

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