Question: Question 5 1pts The spot is 0.75 / while the 1-month forward rate is 0.75 . You agree to buy 1 million at the

Question 5\

1pts

\ The spot is

0.75

/

while the 1-month forward rate is

0.75

. You agree to buy

1

million at the 1-month rate. Next month the spot rate is

(0.98)/()

, what are your profits/losses?

 Question 5\ 1pts\ The spot is 0.75 / while the 1-month

The spot is 0.75 / while the 1 -month forward rate is 0.75. You agree to buy 1 million at the 1 -month rate. Next month the spot rate is 0.98/, what are your profits/losses

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