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You entered into a long position at a GBPUSD 1-year forward contract with a notional of 10m a forward rate of $1.3688. The spot rate

You entered into a long position at a GBPUSD 1-year forward contract with a notional of Â£10m a forward rate of $1.3688. The spot rate currently is $1.3510. In 1 year's time, when the contract settles...

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