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The spot rate is $ 1 . 4 8 / today while the three - month forward rate is $ 1 . 5 0 /
The spot rate is $ today while the threemonth forward rate is $ You think the exchange rate will be $ in three months. Given this information, you decide to invest in the forward market in the hopes of making a profit. The exchange rate three months later is at $ What is your dollar profit or loss from your position?
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