Question
In 1992, George Sorros made $1 billion within a week by short selling the British pound, then bought them back after the pound fell by
In 1992, George Sorros made $1 billion within a week by short selling the British pound, then bought them back after the pound fell by 10%. So my question is, what financial product did he use ?
1. Spot
2. Forward contract
3. Non-deliverable forward contract
4. Futures
5. Options
6. Swaps
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
