In March, your firm entered two futures contract to sell euros at 1.21 USD. The...
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Finance
In March, your firm entered two futures contract to sell euros at 1.21 USD. The settlement date is in June. In April, you decide to liquidate these two contracts by entering contracts to buy the Euro at 1.22 (same settlement date). What is your profit/loss from liquidating these contracts? Show your work.
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