Question: Peter Parker thinks that the U . K . pound will cost $ 1 . 4 3 per 1 in six months. A 6 -
Peter Parker thinks that the UK pound will cost $ per in six months. A month currency futures contract is available today at a rate of $ per 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?
Question options:
Sell pounds today.
Sell a pound currency futures contract.
Sell pounds in six months.
Buy a pound currency futures contract.
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