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Stefan trades currency for R - Capital. Stefan has $ 1 0 , 0 0 0 , 0 0 0 to begin with, and he
Stefan trades currency for RCapital. Stefan has $ to begin with, and he must state all profits at the end of any speculation in US dollars. The spot rate is $ while the day forward is $
d If Stefan believes the euro will continue to rise in value against the US dollar so that he expects the spot rate to be $ at the end of days, what should he do Calculate his profit if any
b If Stefan believes the euro will depreciate against the US dollar so that he expects the spot rate to be $ at the end of days, what should he do Calculate his profit if any
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