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QUESTION 9 The will be $1.5/ in 3 months. A 3-months futures contract is sold at $1.53/. What of the following strategies would be profitable?
QUESTION 9 The will be $1.5/ in 3 months. A 3-months futures contract is sold at $1.53/. What of the following strategies would be profitable? (hint: Current exchange rate is not given) Sell a currency futures contract. Buy a currency futures contract. Sell today. Sell in 3 months
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