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In January, a maria, a currency speculator, sells one june futures contracts for 100,000 agentine peso (ars) at $0.011/ARS. What is the value of the
In January, a maria, a currency speculator, sells one june futures contracts for 100,000 agentine peso (ars) at $0.011/ARS. What is the value of the marias position at maturity if the june spot rate is actually $0.02/ARS?
The United states federal government is currently concerned with encouraging u.s economic growth. To do so would be the government want to see an increase or decrease in the value of dollar , and why
Increase, so u.s exports seem cheaper to residents of ither countries
Decrease, so exports would seem cheaper to residents of other countries
Decrease, so imports into the u.s seem cheaper to u.s residents
Increase, so u.s exports seem more expensive to residents of other countries
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