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On the maturity date, August 1 5 , the spot price of euro is $ 1 . 0 7 6 / euro , and both

On the maturity date, August 15, the spot price of euro is $1.076/euro, and both
domestic and foreign interest rates remain unchanged. What is the profit or loss
of the company from each euro in this contract? What is the profit or loss of the
bank from each euro in this contract?

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