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Business, 20.06.2020 21:57 michael4443

One year ago today, you purchased 100,000 pounds from a dealer that quoted the pound at $1.250-58. Today, you sold all your pounds to a dealer with the following quotes: $1.275-77. Find your profit/loss in terms of dollars. Round intermediate steps to four decimals and your final answer to two decimals. Do not use currency symbols or words when entering your answer.

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One year ago today, you purchased 100,000 pounds from a dealer that quoted the pound at $1.250-58. T...
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