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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 the spot price of euro is $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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