The forward price of the Swiss franc for delivery in 45 days is quoted as 1.1000. The
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The forward price of the Swiss franc for delivery in 45 days is quoted as 1.1000. The futures price for a contract that will be delivered in 45 days is 0.9000. Explain these two quotes.
Which is more favorable for a trader wanting to sell Swiss francs?
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The two quotes represent prices for delivering Swiss francs in 45 days but they differ in terms of c...View the full answer
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Fundamentals Of Futures And Options Markets
ISBN: 9781292422114
9th Global Edition
Authors: John Hull
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