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Jasper Pernik is a currency speculator who enjoys betting on changes in the foreign currency exchange market. Currently the spot price for the Japanese yen
Jasper Pernik is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. Currently the spot price for the Japanese yen is $ and the month forward rate is $ Jasper thinks the yen will move to $ in the next six months. Jasper should at to profit from changing currency values.
buy yen; the forward rate
buy dollars; the forward rate
sell yen; the forward rate
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