15 You transact an NDF to buy HUF 1,000 million against USD at 301.55, for value 17...
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15 You transact an NDF to buy HUF 1,000 million against USD at 301.55, for value 17 August. On 15 August, the spot rate for settlement of the NDF is 295.71. What is your profit or loss in US dollars?
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Related Book For
Foreign Exchange And Money Markets Theory Practice And Risk Management
ISBN: 9780750650250
1st Edition
Authors: Bob Steiner
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