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(a) An oil producer enters into a one-year short forward contract to sell 6000 barrels of oil for $74 per barrel when the spot (market

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(a) An oil producer enters into a one-year short forward contract to sell 6000 barrels of oil for $74 per barrel when the spot (market price is $72 per barrel. The spot (market price in one year proves to be 570 per barrel What is the producer's gain or loss? Show a dollar amount and indicate whether it is again or a loss (b) A trader enters into a 6 month short forward contract on 100 milion euros. The forward exchange rate is $1.10 per euro. How much does the trader gain or lose if the exchange rate at the end of the contract is $1.04 per euro, and () $1.15 per euro? (c) A trader buys 100 options lie, one contract with a strike price of $45 and a time to maturity of 3 months The cost of each option is $1.75 The price of the underlying stock proves to be 548 in 3 months. What is the trader's gain or loss? Show a dollar amount and indicate whether it is a gain or a loss

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