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You entered into a long forward contract to buy 500,000 at $1.1400/. At expiration of the forward contract, the exchange rate is $1.1600/. What cash
You entered into a long forward contract to buy 500,000 at $1.1400/. At expiration of the forward contract, the exchange rate is $1.1600/. What cash settlement from long to short (or short to long) will fairly settle the contract without the involvement of actually transferring 500,000? $580,000 from short to long $10,000 from short to long $570,000 from long to short $10,000 from long to short
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