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Speculation with futures before(without) settlement (Case 1) It is expected that Fra ($25) > Fo ($20). The speculation strategy? Determine the profit when the contract

Speculation with futures before(without) settlement (Case 1) It is expected that Fra ($25) > Fo ($20). The speculation strategy? Determine the profit when the contract size is 100 and the number of contracts is (Case 2) it is expected that Fra ($12)

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