Question
Yesterday the spot exchange rate was 1.7$/ and February futures rate was 1.75$/. Today the spot rate increased to 1.72$/ while May futures rate increased
Yesterday the spot exchange rate was 1.7$/ and February futures rate was 1.75$/. Today the spot rate increased to 1.72$/ while May futures rate increased to 1.76$/. If yesterday you bought one futures contract for 100,000, did you win or lost money and how much
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
