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
1million at the 1-month rate. Next month the spot rate is
(0.98)/(), what are your profits/losses?

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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