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Suppose that the spot rate of British pounds to a dollar is1.34, and the forward rate for May delivery of pounds is 1.39.You buy 200,000

Suppose that the spot rate of British pounds to a dollar is£1.34, and the forward rate for May delivery of pounds is £1.39.You buy 200,000 pounds with dollars right now, and at the same timecontract to deliver 200,000 pounds in May. Rounded to the nearestdollar, at settlement you will make $

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