Question: Peter Griffin thinks that the U . K . pound will cost $ 1 . 4 3 / in six months. A 6 - month

Peter Griffin thinks that the U

.

.

pound will cost $

1.43 /

in six months. A

6 -

month currency futures contract is available today at a rate of $

1.44 / .

If Peter was to speculate in the currency futures market, and his expectations are correct, which of the following strategies would earn him a profit?

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