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Question
The spot price of the market index is $900. A 3-month forward contract on this index is priced at $930. What is the profit or loss to a short position if the spot price of the market index rises to $920 by the expiration date?A) $20 gain
B) $20 loss
C) $10 gain
D) $10 loss
Answer
This answer is hidden. It contains 1 characters.
Related questions
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A) $8.16
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