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Assume that the British pound futures price for September is $1.60. Given that 62,500 units are in a British pound futures contract, the seller of
Assume that the British pound futures price for September is $1.60. Given that 62,500 units are in a British pound futures contract, the seller of British pound futures will receive $________ on the delivery date. A. 39,062.50 B. 100,000 C. 48,000 D. 87,062.50 E. None of the above
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