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Given: S0 = $1.0846/, and F3-months = $1.0980/. If you have $248,000 how many euros would you be able to buy for 3-month delivery given
Given: S0 = $1.0846/, and F3-months = $1.0980/. If you have $248,000 how many euros would you be able to buy for 3-month delivery given the above exchange rates? (Assume no bid/ask spread)
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