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2. a. Suppose you enter into a short 6-month forward position at a forward price of $65.05. What is the payoff in 6-months for the

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2. a. Suppose you enter into a short 6-month forward position at a forward price of $65.05. What is the payoff in 6-months for the prices of $50.25, $55.75, $60.05, $69.70, $72.50, and $75.50? b. Suppose you buy a 6-month put option with a strike price of $60.05. What is the payoff in 6 months at the same prices for the underlying asset? c. Comparing the payoffs of parts (a) and (b), which contract should be more expensive? Why

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