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Calculate siddiq net profit or loss

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Reference no: EM133050706

Siddiq sells five (5) Euro dollars futures contract at the opening price of US1.563 on March 24th , 2020. The closing price of the contract on March 25 , 26 and 27 are US1.575 , US1.571and , respectively . The contract size for the three days EUR125,000. Calculate Siddiq's net profit or loss on these futures contract.

Reference no: EM133050706

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