Question: please answer both questions thanks. Page 2) Consider the following exchange rates: EUR USD = 1.2500 (S/Euro) USD CAD = 1.1000 (CAD/S) EUR CAD -

please answer both questions thanks.

Page 2) Consider the following exchange rates: EUR USD = 1.2500 (S/Euro) USD CAD = 1.1000 (CAD/S) EUR CAD - 13550 (CAD/Euro) How could you use this information to make money in the currency markets? 3) Suppose that you took a short position on 12.500,000 Japanese Yen future (remember, a short position involves selling Yen) at a price bf 104.5 Yen S. If the spot rate on the contract's expiration date was 103.45 Yet's calculate your profit/loss from the futures contract O E

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