Assume that at time t you buy a forward contract with maturity T on the underlying S and a forward price of 60. The price of the underlying at t is St = 50. At T, the price is ST = 70. What are your resulting cash flows? (a) -60 at t and +70 at T (b)-60 at t and +10 at T (c) 0 at t and +10 at T (d)0 at t and -10 at T
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