Question: Assume ABC ( assuming ABC is a US based company ) expects to receive for a currency forward contract to expire in 9 0 days.
Assume ABC assuming ABC is a US based company expects to receive for a currency forward contract to expire in days. Suppose that at the end of days, the underlying currencys exchange rate is $Assume that settlement is in cash.
Is ABC's payoff inUSDorEURO
USD
EURO
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