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Consider a futures derivative with exercise price of 75,000. Suppose the spot price of the underlying varies from 70,000 to 80,000. Show, on a graph

  1. Consider a futures derivative with exercise price of 75,000.

Suppose the spot price of the underlying varies from 70,000 to 80,000.

Show, on a graph the payoff of an investor who assumes

  1. Long position
  2. Short position

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