Forward contract payout

1). (Forward contract payout) Construct a delivery date profit or loss graph for a long position in a forward contract with a delivery price of $50. Analyze the profit or loss for values of the underlying asset ranging from $30 to $70.

When the delivery price of the long forward is $50 and the actual price at the time of delivery is $30, there is a [profit/loss of $_____. (Use a negative sign if there is a loss and round to nearest dollar.


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