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The Current 1-Month Talwan Dollar (TWD) rate is 31 per US Dollar (Usd/Twd) With all the talk about Al and the demand for higher processing chips to power it. Professor Trager's Hedge Fund thinks this demand for the chips wil lead to an appreciation of the TWD since many of the chips are produced in Taiwan. Trager sells $7 million against the TWD at the 1-month rate of 31 per $ from Citi Bank At the end of the month the exchange rate has moved to 30.60 per US dollar (Usd/Twd) What is Trager's Profit or loss this trade? If the Usd/Twd exchange rate moved to 31.70 at the end of the one month What would be Trager's profit or loss for this trade? Multiple Choice Loss of $91,50327 Gain of $154,574,13 Loss of $90,322.58 Gain of $158,064.52 Goin of $91,503.27 Loss of $91,503,27 Gain of $154,574.13 Loss of $90,322.58 Gain of $158,064.52 Gain of $91,503.27 Loss of $154,574,13 Gain of $90,322.58 Loss of $158,064,52