You enter into a long position on 130000 at maturity the
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?
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the current spot exchange rate is 18350pound and the three-month forward rate is 18662pound you enter into a long
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