Question
You sold 58,000 euros forward at a forward price of 1.13 USD per euro. What is your profit or loss if the exchange rate is
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You sold 58,000 euros forward at a forward price of 1.13 USD per euro.
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What is your profit or loss if the exchange rate is 0.96 USD per euro at the end of the contract (in USD)?
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What is your profit or loss if the exchange rate is 1.28 USD per euro at the end of the contract (in USD)
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Capitalism Without Capital The Rise Of The Intangible Economy
Authors: Jonathan Haskel, Stian Westlake
1st Edition
0691183295, 978-0691183299
