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The Euro is trading at near record lows relative to the US Dollar. Imagine that you entered into a forward contract in February 2023 to

The Euro is trading at near record lows relative to the US Dollar. Imagine that you entered into a forward contract in February 2023 to sell 10,000 Euros at the forward rate equivalent to the spot rate then. What was the exchange rate specified in the forward contract? Are you better or worse off today having entered this forward contract?

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