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1. A trader enters into a short forward contract on 100 millionyen. The forward exchange rate is$0.0080 per yen. How much does the trader gain
1. A trader enters into a short forward contract on 100 millionyen. The forward exchange rate is$0.0080 per yen. How much does the trader gain or lose if theexchange rate at the end of thecontract 2 answers
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
