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Imagine that one year ago ( March 2 7 , 2 0 2 3 ) you entered into a forward contract to buy 5 ,
Imagine that one year ago March you entered into a forward contract to buy Real BRL at the forward rate equivalent to the spot rate one year ago. BRLUSD Spot Rates
Are you better off or worse off having entered into the forward contract?
Better off
Worse off
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