Question: Question 18 (4 points) Listen The current spot exchange rate is $1.7976/ and the three-month forward rate is $1.8282/. You enter into a short position

 Question 18 (4 points) Listen The current spot exchange rate is

Question 18 (4 points) Listen The current spot exchange rate is $1.7976/ and the three-month forward rate is $1.8282/. You enter into a short position on 130,000. At maturity, the spot exchange rate is $1.8044/. How much have you made or lost? lost $3,094 made $3,094 lost $884 made $884 Olost $3,978 made $3,978 G

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