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A trader shorts 20 10-year bond contracts at 99.075 and the market falls to 99.02 before she sells an additional 20 contracts.The market subsequently rallies
A trader shorts 20 10-year bond contracts at 99.075 and the market falls to 99.02 before she sells an additional 20 contracts.The market subsequently rallies to 99.06 at which point she buys 53 contracts.How many contracts does she have?How much is her total profit?
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