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Given the information below. Spot = R100 Risk-free rate = 10% Maturity = 1 year After 3 months the new spot price is R140. What

Given the information below.

Spot = R100 Risk-free rate = 10% Maturity = 1 year

After 3 months the new spot price is R140. What will be the profit /loss to the long position in 3 months?

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