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PLEASE SHOW WORK You bought 100 Swiss franc futures contract (size is SFr 125,000) at a price of $0.9535. If the spot rate for the
PLEASE SHOW WORK
You bought 100 Swiss franc futures contract (size is SFr 125,000) at a price of $0.9535. If the spot rate for the Swiss franc at the date of settlement is SFr 1 = $0.98450, what is your gain or loss on this trade?
PLEASE SHOW WORK
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