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Suppose that today 2-month forward contracts on euro for August 13th, 2020 delivery are available $1.05 for F August 13th Assume that, on, July

 

Suppose that today 2-month forward contracts on euro for August 13th, 2020 delivery are available $1.05 for F August 13th Assume that, on, July 13th, 2020 the one-month forward contracts (for August 13th, $1.19 2020) on euro are available for: FJuly, for August Explain a strategy to create a riskless fixed amount of profit. (Show calculations and draw one graph showing all positions and the combined strategy) (2-points Strategy, 2 points graph, 1 points calculations)

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