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You currently have $100,000 to invest. You believe the Swiss franc will appreciate versus the US dollar in the coming 3 month period. The current

You currently have $100,000 to invest. You believe the Swiss franc will appreciate versus the US dollar in the coming 3 month period. The current spot rate is $0.5820/SF, the 3 month forward-rate is $0.5640/SF and you expect the spot rate to appreciate to $0.6250/SF. What is your expected profit assuming you buy or sell a three month forward contract?

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