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21. For the settlement date on Jan-01,2015, the futures rate for one euro is $1.2 and the forward rate for one euro is $1.5. The

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21. For the settlement date on Jan-01,2015, the futures rate for one euro is $1.2 and the forward rate for one euro is $1.5. The contract size is 200 euros per futures contract and 1200 euros per forward contract. If you are allowed to trade up to 2 forwards contracted, how many futures contracts do you need to trade for arbitrage? How much is your overall profit

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