You expect the spot exchange rate in 6 months to be 326, Business Law and Ethics

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You expect the spot exchange rate in 6 months to be 326

Exchange rate: 3.24 Polish zloty per U.S. dollar.

You expect the spot exchange rate in 6 months to be 3.26 Polish zloty per U.S. dollar.

Evaluate the validity of the following statement: "Given this information, you will profit from a forward exchange speculative position based on your expected future spot exchange rate, if the actual future spot exchange rate in 6 months is 3.25 zloty per U.S. dollar."

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Business Law and Ethics: You expect the spot exchange rate in 6 months to be 326

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