Question: Question 2 The current spot exchange rate is $1.65/ and the three-month forward rate is $1.55/. You enter into a short position on 1,000.

Question 2 The current spot exchange rate is $1.65/ and the three-month

Question 2 The current spot exchange rate is $1.65/ and the three-month forward rate is $1.55/. You enter into a short position on 1,000. At maturity, the spot exchange rate is $1.45/. How much have you made or lo

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