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Week 4 Calculate the profit from the following transactions: 1. Short 25 90-day bank bill futures contracts at 97.64 and purchase them back 15 days

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Week 4 Calculate the profit from the following transactions: 1. Short 25 90-day bank bill futures contracts at 97.64 and purchase them back 15 days later at 97.89, when the continuously compounded rate is 1.77894%pa

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