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Jssper femia is a currency specuimor who eryoys beimng' on chwrges in the foreign curency evehange market. Currently the spot Proft =i Jasper Pernik is
Jssper femia is a currency specuimor who eryoys beimng' on chwrges in the foreign curency evehange market. Currently the spot Proft =i 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 130/$ and the 6 -month forward rate is 130/$. Jasper thinks the yen will move to 128/$ in the next six months. If Jasper buys $81,000 worth of yen at today's spot price and sells within the next six months at 128/$. he will earn a profit of: Profit = $
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