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1. You enter into a one-year forward contract to purchase GBP1,000,000 at a forward rate of AUD1.7346/GBP. Draw a timeline of the cash flows of

1. You enter into a one-year forward contract to purchase GBP1,000,000 at a forward rate of AUD1.7346/GBP. Draw a timeline of the cash flows of this transaction (from your perspective).

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