Question
Based on pure market strategy how much profit can you make if your expectations about the exchange rates comes true. given the following inforamtion current
Based on pure market strategy how much profit can you make if your expectations about the exchange rates comes true.
given the following inforamtion
current spot rate TRL 7.2$
expected spot rate in3 months TRL 6.9$
you have 100,000 to invest
a. 5882
b. 4347
c.2857
d.1428
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International Business
Authors: Michael Czinkota, Iikka A. Ronkainen, Michael H. Moffett
8th edition
470530658, 470530650, 978-0470530658
