A friend says he needs to buy 1M SWF in the one-year forward market. Information: R= 10
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Question:
A friend says he needs to buy 1M SWF in the one-year forward market.
Information:
R= 10 percent
R*=5 percent
S= 0.3000 GBP/SWF
How many GBP does he need to but to go short?
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