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Question 2: Assume you takes a position on December 1, 2020 in one March 2020 Euro future contract at $1.2178/. You hold the position until

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Question 2: Assume you takes a position on December 1, 2020 in one March 2020 Euro future contract at $1.2178/. You hold the position until the last day of trading in March 2021 when the spot price is $1.1500/. Note: Due to price convergence this will also be the final settlement price. Calculate the profit and loss of a long and short position

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