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(Futures) You enter to short 125,000 futures delivered in 6 months. The future price is F.($/ )=1.03. If at the maturity the spot rate is

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(Futures) You enter to short 125,000 futures delivered in 6 months. The future price is F.($/ )=1.03. If at the maturity the spot rate is $1.23/, and you position is still alive, then your profit(loss) is $

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