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Problem 2: The size of a 1-Year forward AUD (Australian dollars) is AUD 260,000 and the amount is USD 156,000. What is the 1-Year USD/AUD
Problem 2:
The size of a 1-Year forward AUD (Australian dollars) is AUD 260,000 and the amount is USD 156,000. What is the 1-Year USD/AUD forward rate?
3 -What is the profit/loss on a 1-Year long forward EUR at t=1 when Xusd/eur=1.28,F1USD/EUR=1.22 and the size of the contract is EUR350,000?
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