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Just need the answers If you are long 3 contracts of 1-year gold futures with a delivery price (K) of $1800, what will be your

image text in transcribed Just need the answers

"If you are long 3 contracts of 1-year gold futures with a delivery price (K) of $1800, what will be your payoff at expiry if the gold price at expiry is (i) $1400 (ii) $1800 (iii) $2000 Each contract is 100 shares. Round to integers

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