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An investor enters into a short 3 months' forward contract to sell 1 0 0 , 0 0 0 British pounds for US dollars. Table
An investor enters into a short months' forward contract to sell British pounds for US dollars.
Table Spot and forward quotes of the USDGBP exchange rate
tableMaturityBid,OfferSpotmonth forward,month forward,year forward,
Use the Table to indicate how much does the investor gain or lose if the exchange rate at the end of the contract is and respectively.
The investor is obligated to pounds for when they are worth Enter to decimal places eg
The investor is obligated to pounds for when they are worth Enter to decimal places eg
The is $ Enter dollar value eg
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