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2- A trader enters into a short forward contract on 100 million yen. The forward exchange rate is $0.0080 per yen. How much does the

2- A trader enters into a short forward contract on 100 million yen. The forward exchange rate is $0.0080 per yen. How much does the trader gain or lose if the exchange rate at the end of the contract is (a) $0.0074 per yen; (b) $0.0091 per yen

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