Question
Two months ago, you decided to purchase 500,000 pounds at a spot rate of =$1.045-60. You sold all of your pounds today at the going
Two months ago, you decided to purchase 500,000 pounds at a spot rate of =$1.045-60. You sold all of your pounds today at the going spot rate of $= .965-74. Find your profit/loss in terms of dollars.
4031.10
-16,652.98
15,301.89
-11865.29
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The Legal Environment Of Business
Authors: Nancy Kubasek
7th Edition
013354642X, 9780133546422
