A quote for a future contract for British pounds is 1.18/. The contract size for British pounds

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A quote for a future contract for British pounds is €1.18/£. The contract size for British pounds is £62,500. What is the euro equivalent of this contract?

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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