Question: 2. You enter into a short future contract to sell 100,000 Euros for US dollars at an exchange rate of 1.55 US dollars per Euro.

2. You enter into a short future contract to sell 100,000 Euros for US dollars at an exchange rate of 1.55 US dollars per Euro. How much does the investor gain or lose if the exchange rate at the end of the contract is (a) 1.47 and (b) 1.572 Show all your work how to reach your solutions

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