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suppose that general electric is anticipating uropean sales over the next month to be Eur 12,500,000. the current EUR/USD exchange rate is 1.266$/Eur, but GE
suppose that general electric is anticipating uropean sales over the next month to be Eur 12,500,000. the current EUR/USD exchange rate is 1.266$/Eur, but GE is anticipating the dollar to appreciate. to hedge this risk, GE enters into a 30 day forward contract to sell Euro for dollars at 1.2550.Suppose that in 30 days, the euro is trading at 1.2500. calculate Ge's loss/gain from the forward
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