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The current spot exchange rate is 1.30 USD per GBP, and the one-year forward is 1.35 USD per GBP. In one year, you expect the

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The current spot exchange rate is 1.30 USD per GBP, and the one-year forward is 1.35 USD per GBP. In one year, you expect the spot exchange rate to appreciate to 1.40 USD per GBP. You wish to enter a forward contract with the notional amount of GBP 100,000. What cash flows would be involved in a long GBP forward contract? Today One Year USD [ Select] [ Select ]

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