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6. The current spot exchange rate is $1.55/ and the three-month forward rate is $1.50/. You are selling 1,000 forward for $. How much in

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6. The current spot exchange rate is $1.55/ and the three-month forward rate is $1.50/. You are selling 1,000 forward for $. How much in $ are you receiving in three months? If the spot exchange rate is $1.60/ in three months, how much is the gain or loss from this forward hedge

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