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Half an Hour Ago You Were Made a Price in USD/CAD

question 216

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Half an hour ago you were made a price in USD/CAD of 1.5250-55 and sold USD 10 million. The price is now 1.5232-37 and you square your position. What is your profit or loss?


Definitions:

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Graphical representations in economics illustrating different combinations of goods that provide an individual with equal levels of utility.

Optimal Consumption

A state where consumers allocate their income in a way that maximizes their utility, given their preferences and the prices of goods and services.

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Bread specifically designed to hold a hot dog, usually served as part of a meal or snack.

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A government support mechanism that helps reduce the cost of housing making it more affordable for low-income individuals.

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