Question: Question 3 Save Answer The current euro exchange rate is $1.10 (dollar price of euro). Assume zero interest rates for both currencies. If you are

 Question 3 Save Answer The current euro exchange rate is $1.10

Question 3 Save Answer The current euro exchange rate is $1.10 (dollar price of euro). Assume zero interest rates for both currencies. If you are long 100 contracts of 2-yr forward contracts on euro with a delivery price (K) of $1.00, what will be the current value of your forward position

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