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Need your helps!! Please show your work and show on excel please thank you!! On July 1, 2020, a Japanese company enters into a forward
Need your helps!! Please show your work and show on excel please thank you!!
On July 1, 2020, a Japanese company enters into a forward contract to buy $1 million with yen on January 1, 2021. On September 1, 2020, it enters into a forward contract to sell $1 million on January 1, 2021. Describe the profit or loss the company will make in dollars as a function of the forward exchange rates on July 1, 2020 and September 1, 2021
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