Question 2 The spot is $0.80 / € while the 1-month forward rate is $0.95. You agree to sell € 1 million at the 1-month r
Posted: Sun May 08, 2022 10:34 am
Question 2 The spot is $0.80 / € while the 1-month forward rate is $0.95. You agree to sell € 1 million at the 1-month rate. Next month the spot rate is $1.08/€, what are your profits/losses?