[Solved] You bought 30,000 Canadian dollars (CAD)

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You bought 30,000 Canadian dollars (CAD) forward at a forward price of 0.72 USD per CAD. Attempt 2/2 for 5 pts. What is your profit

You bought 30,000 Canadian dollars (CAD) forward at a forward price of 0.72 USD per CAD. Attempt 2/2 for 5 pts. What is your profit or loss if the exchange rate is 0.69SD per CAD at the end of the contract (in USD)? Attempt 1/2 for 5 pts. What is your profit or loss if the exchange rate is 0.87USD per CAD at the end of the contract (in USD)

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