On May 13, 2015 the treasurer of a corporation might enter into a long forward contract to

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On May 13, 2015 the treasurer of a corporation might enter into a long forward contract to sell 100 million in six months at an exchange rate of 1.5736

This obligates the corporation to pay 1 million and receive $157.36 million on December 13, 2015

What are the possible outcomes?

Posted Date: May 19, 2024 03:02 AM

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On May 13, 2015 the treasurer of a corporation might enter into a long forward contract to

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