A trader enters into a short forward contract on 100 million yen. The forward exchange rate is

Question:

$0.0080 per yen. How much does the trader gain or lose if the exchange rate at the end of the contract is

(a) $0.0074 per yen;

(b) $0^00? 1 per yen?

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Options Futures And Other Derivatives

ISBN: 9780130090560

5th Edition

Authors: John C. Hull

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Question Posted: Oct 18, 2024 07:01 AM

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A trader enters into a short forward contract on 100 million yen. The forward exchange rate is

Question:

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Options Futures And Other Derivatives

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