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Your company has $500,000 to invest. The current spot rate is DKK6.5240, the three-month forward rate is DKK6.5100/SF. What will be your companys profit /

Your company has $500,000 to invest. The current spot rate is DKK6.5240, the three-month forward rate is DKK6.5100/SF. What will be your companys profit / loss if you buy Swiss franc and sell after 3 months?

A) USD 1,200 gain

B) USD1,200 loss

C) Unknown today

D) USD1,800 gain

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