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: (a) Suppose you enter into a long 6-month forward position at a forward price of $55. What is the payoff in 6 months for

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: (a) Suppose you enter into a long 6-month forward position at a forward price of $55. What is the payoff in 6 months for price of $75? (b) Suppose you buy a 6-month call option with a strike price of $75. What is the payoff in 6 months for price of $607 NE

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