Question: Hi! What's the answer for the problem: On May 6, 2013, the treasurer of a corporation enters into a long forward contract to buy 1

Hi! What's the answer for the problem: On May 6, 2013, the treasurer of a corporation enters into a long forward contract to buy 1 million in six months at an exchange rate of 1.5532

This obligates the corporation to pay $1,553,200 for 1 million on November 6, 2010

What are the possible outcomes?

Thank you

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