Question
You just entered into a non-deliverable forward contract to sell 10,000,000 South African rands in a year at ZAR10.0000/USD. What would be your gain or
You just entered into a non-deliverable forward contract to sell 10,000,000 South African rands in a year at ZAR10.0000/USD. What would be your gain or loss if the spot rate a year later is ZAR11.0000/USD?
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
