Question: D Question 2 The spot is $0.80 / while the 1-month forward rate is $0.95. You agree to sell 1 million at the 1-month rate.

 D Question 2 The spot is $0.80 / while the 1-month

D Question 2 The spot is $0.80 / while the 1-month forward rate is $0.95. You agree to sell 1 million at the 1-month rate. Next month the spot rate is $1.08/, what are your profits/losses

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