You are an American ($) exporter selling to England (L). The transaction size is 760,000 Pounds due

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You are an American ($) exporter selling to England (L). The transaction size is 760,000 Pounds due in 2 months. Futures contracts come in 62,500 L increments. How much would you eventually receive for the goods if you hedged with futures given the following data. All numbers are $/L.

	Now		2 months from now
Spot	1.288	1.298	1.210	1.119
Futures	1.316		1.106

Posted Date: Jul 10, 2024 09:14 AM

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You are an American ($) exporter selling to England (L). The transaction size is 760,000 Pounds due

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