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QUESTION 10 Last year, you traded $100,000 for euros at a spot rate of 1.055/$. Today, you sold all of your euros at the going

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QUESTION 10 Last year, you traded $100,000 for euros at a spot rate of 1.055/$. Today, you sold all of your euros at the going spot rate of $.988/. Find your profit/loss in terms of dollars. Round intermediate steps to four decimals. 0 -6350.71 4234 6781.38 O 5500 -4062.01

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