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Which of the following would result in a profit on a futures contract when the underlying currency appreciates? Group of answer choices Buy a futures

Which of the following would result in a profit on a futures contract when the underlying currency appreciates?

Group of answer choices

Buy a futures contract; sell a futures contract after the currency has appreciated.

Sell a futures contract; buy a futures contract after the currency has appreciated.

None of the above would result in a profit when the underlying currency of the futures contract appreciates.

Buy a futures contract; buy an additional futures contract after the currency has appreciated.

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