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he current spot exchange rate is $1.55/e and the three-month forward rate is $1.50/. Based on your analysis of the exchange rate, you are confident

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he current spot exchange rate is $1.55/e and the three-month forward rate is $1.50/. Based on your analysis of the exchange rate, you are confident that the spot exchange rate will be $1.62/ in ssume that you would like to buy or sell 1,000,000. What actions do you need to take to speculate in the forward market? A. Sell 1,000,000 forward for $1.50/E B. Buy 1,000,000 forward for $1.50/6. C. Wait three months, if your forecast is correct buy 1,000,000 at $1.52/. D. Buy 1,000,000 today at $1.55/; wait three months, if your forecast is correct sell 1,000,000 at $1.62/E

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