Refer to the attachments; 4 (i) (a) Define the terms forward contract and forward price. (b) Explain
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Refer to the attachments;
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66782b98e8fe9_51266782b98cfe58.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66782b9965010_51366782b9949963.jpg)
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