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A quote for a futures contract for British pounds is $1.6625/. The contract size for British pounds is 62,500. What is the dollar equivalent of
A quote for a futures contract for British pounds is $1.6625/. The contract size for British pounds is 62,500. What is the dollar equivalent of this contract? The value of the British pound futures contract in U.S. dollars is $. (Round to the nearest cent.)
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