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Question 26 3.33 pts Calculate your profit, measured in dollars, from the following trade. You may assume that the entire profit is realized at maturity.
Question 26 3.33 pts Calculate your profit, measured in dollars, from the following trade. You may assume that the entire profit is realized at maturity. On 1/3, you enter 1 long futures contract on the dollar at a price of 0.784 with a multiplier of 10,000. The spot price of the dollar on 1/3 is 0.779. The futures contract matures on 7/14 at which time the spot price of the dollar is 0.791. O $70 O $120 O $88.50 o -$120 Question 26 3.33 pts Calculate your profit, measured in dollars, from the following trade. You may assume that the entire profit is realized at maturity. On 1/3, you enter 1 long futures contract on the dollar at a price of 0.784 with a multiplier of 10,000. The spot price of the dollar on 1/3 is 0.779. The futures contract matures on 7/14 at which time the spot price of the dollar is 0.791. O $70 O $120 O $88.50 o -$120
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