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If United Airline entered a long forward contract with Deutch Bank to buy 1000 barrels of crude oil in June 2018 at $53 per barrel.
If United Airline entered a long forward contract with Deutch Bank to buy 1000 barrels of crude oil in June 2018 at $53 per barrel. If at expiration the actual price of crude oil turned out to be $50 per barrel. What is the value of the forward contract to United Airline? o A. _3 B.-3000 C.3000 D.3
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