Assume FT2 = {FT1 (1 + T11T2) + T1CT2 is the equilibrium situation. Also assume that T2-T1 is one year, that T1CT2 = $1 and that T1/T2 = 10%. Assume the initial prices are 4711 = 100 & +FT2 = 133. A trader goes long the FT1 contract and short the FT2 contract believing these are not equilibrium prices and that he will profit when they adjust to equilibrium. Say the next day, t + 1, the t+1FT1 price moves to 115 and t+1FT2 adjusts to an equilibrium price. If the trader round trips his positions on day t+1, what is his profit or loss on the FT2 position? O cannot be determined from the information given o profit of 11 o profit of 5.5 o loss of 11 Assume FT2 = {FT1 (1 + T11T2) + T1CT2 is the equilibrium situation. Also assume that T2-T1 is one year, that T1CT2 = $1 and that T1/T2 = 10%. Assume the initial prices are 4711 = 100 & +FT2 = 133. A trader goes long the FT1 contract and short the FT2 contract believing these are not equilibrium prices and that he will profit when they adjust to equilibrium. Say the next day, t + 1, the t+1FT1 price moves to 115 and t+1FT2 adjusts to an equilibrium price. If the trader round trips his positions on day t+1, what is his profit or loss on the FT2 position? O cannot be determined from the information given o profit of 11 o profit of 5.5 o loss of 11