The current spot exchange rate is $1.8350/£ and the three-month forward rate is $1.8662/£. You enter into a long position on £130,000. At maturity, the spot exchange rate is $1.8867/£. How much have you made or lost?
The current spot exchange rate is $1.8350/£ and the three-month forward rate is $1.8662/£. You enter into a long position on £130,000. At maturity, the spot exchange rate is $1.8867/£. How much have you made or lost?
0 comments