What is your net profit on these two transactions when do, Financial Management

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What is your net profit on these two transactions when do

Suppose you sell a December forward contract on gold on August 31 at a forward price of $700/oz, and then you buy a December forward contract on gold on October 15 at a forward price of $800/oz. The December forward contract expires on December 10.

What is your net profit on these two transactions? __________________

When do you receive your net profit on these two transactions? __________________

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