How to calculate profits and losses (MODUL 4-13)

If a speculator buys a EUR/USD spread when the spread is 1.1020/24 and immediately sells it back to the dealer at the same spread, what will be the end result?

A. 4 point gain

B. 4 point loss

C. No gain or loss

D. There is not enough information in the

problem to answer the question.